Jewelers Mutual acquires Union Life & Casualty Insurance Agency

Jewelers Mutual, the insurance and business solutions provider dedicated to the jewelry industry, has acquired pawnbroker insurance provider Union Life & Casualty Insurance Agency. JM Insurance Agency Partners, a Jewelers Mutual Group company, will join forces with UL&C, expanding the group’s expertise, helping strengthen both the pawn market and the insurance industry, and helping meet customers’ needs for best-in-class pawnbroker coverage.

Union Life & Casualty Insurance Agency has been in the insurance business since 1965, specializing in pawn and related industries for more than 25 years.

JM Insurance Agency Partners connects agents throughout the US and Canada with carriers and their collective products, services and risk management solutions from around the globe. The addition of UL&C provides more choice and greater flexibility to more customers in more markets with personalized insurance options.

“This strategic acquisition empowers us to leverage our combined expertise and expand our suite of innovative insurance solutions to further strengthen our market position in the pawn industry. Together, we will accelerate our growth and continue to deliver incredible value to our customers.” – Mike Alexander, Chief Operating Officer at Jewelers Mutual.

“Our core values and commitment to customer satisfaction remains. I believe this acquisition will allow us to create a more powerful force in the pawn industry, ultimately leading to even better products and experiences for our current and future customers.” – Jon Walker, President and Chief Executive Officer at UL&C.