Jewelers Mutual acquires IFS Inforsure

Jewelers Mutual acquired IFS Inforsure, a Pasadena, California-based provider of insured shipping solutions for jewelry, watches and other high-value items. Financial terms were not disclosed.

Founded in 2016, IFS serves wholesalers, retailers and individuals shipping valuable goods domestically and internationally. The company works with FedEx and provides online shipping tools and personalized service.

The acquisition expands Jewelers Mutual’s protected shipping capabilities and its broader offering of insurance and business services for the jewelry industry.

IFS founder Jeroen Sparreboom said joining Jewelers Mutual would allow the company to accelerate the development of new solutions for the jewelry and watch industries.