Jewelers Mutual moves into Canda

Jewelers Mutual Insurance Co. will begin offering its commercial insurance program in Canada, pending final approvals.
The insurance company has partnered with Canadian Jewellers Block Insurance Services (CJB), which will represent Jewelers Mutual in Canada.
The company’s programs offer customized coverage for inventory, buildings, building contents and liability; an annual dividend program for those it insures; and enrollment in Jewellers Vigilance Canada.
“As a mutual company, Jewelers Mutual doesn’t have stockholders who divide the profits among themselves," Canadian insurance broker Meredith Thomas of CJB Insurance Services, says. "This insurance company is owned and governed by its policyholders, so it returns profits to insured.”
Jewelers Mutual will begin insuring Canadian businesses upon provincial approvals. The company does not plan to offer its program in Quebec at this time.