Jewelers Mutual Acquires TransGuardian

Specialty insurer Jewelers Mutual Group has acquired TransGuardian, a cloud-based shipping logistics company that specializes in high-value items.

With the acquisition, Jewelers Mutual looks to further develop its JM Shipping Solution platform that was established in 2017 to allow jewelers to compare and choose shipping options through an easy-to-use platform that also includes exclusive discounts, insurance options for their packages and many other features. Users who are also insured with Jewelers Mutual can take advantage of additional features like bigger discounts on shipping and insurance costs, waiving the requirement to declare value to the United States Postal Service on Registered Mail and syncing jewelers block coverage with the platform.

The acquisition also includes service centers, which feature locations in the New York and Los Angeles Diamond Districts.

The platform remains completely free to use, does not require any quotas, and is open to everyone.

Together, the combined team looks to deliver additional enhancements in the future while providing the same great service today.

Bottom Line: Look beyond insurance .