With the Specie team leadership deemed as experts in the field of Jewellers block insurance, we have a depth of knowledge and experience that would challenge any company in the insurance market.

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Jewellers Block Insurance

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From excavation to end client – jewellers block insurance across every stage of the jewellery journey

With the Specie team leadership deemed as experts in the field of Jewellers Block insurance, we have a depth of knowledge and experience that would challenge any company in the insurance market.

With practitioners dealing with portfolios of Jewellers Block business globally, we can provide you with vast array of understanding for all your needs.

Our strong team of JB specialists understand the importance of insurance to our clients, be it from placing the insurance for individual, large unique private companies, to portfolios of associations, encompassing the coverage of raw materials in a refiner, through the manufacturing process, all the way to the window display of the finished item.

Our team has an excellent reputation with the specialist insurers in the Lloyd’s and European market, and this helps us to ensure that we are able to provide you with a high level of service.

Who we work for:

We have established comprehensive all risks insurance covers, to meet the needs of our clients, including, but not limited to:

  • Portfolios of accounts for Jeweler Retailers / Wholesalers / Manufacturers

  • Family Jeweler businesses

  • Diamond dealers

  • Pawnbrokers

  • Duty free stores

  • High end retailers

  • Personal jewellery

Jewellers Block insurance wholesale solutions


With high value items, the need for comprehensive protection is vital. Theft is an ever-present risk when handling diamonds and precious metals and if not properly covered, the loss of this high-value stock could cause significant damage to bottom line and reputation. 

With a global reputation and key relationships amongst fine art and specie insurance underwriters, our highly skilled risk experts will secure the most responsive coverage possible, across all stages of the jewellery journey.

For wholesale insurance solutions, please contact our specialist fine art and specie insurance team below.

Jewellers Block Insurance Team

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James Peate

Head of Jewellers Block
james.peate@lockton.com
+44 207 933 2300

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David Solomons

Head of Business Development and Marketing
david.solomons@lockton.com
+44 782 452 4293

News and Insights

The Terrorism (Protection of Premises) Act 2025, commonly known as Martyn’s Law, is now in effect. Following a long period of campaigning and advocacy, it achieved Royal Assent in April 2025, and it is now in its 24-month implementation phase. Businesses must be compliant by May 2027, or will likely face severe penalties for non-compliance.

The upcoming insurance renewal season between March and July represents a natural inflection point. It is when many businesses assess security measures, update their risk documentation, and evidence controls – all of which will be central to demonstrating compliance under Martyn’s Law. Therefore, addressing any gaps now is essential to ensure that businesses have enough time to strengthen preparedness before the law becomes enforceable.Martyn’s Law: the time to prepare is now

Refurbish or rebuild? Considerations for office property owners

Recent developments within the commercial real estate (CRE) market are forcing asset holders to rethink their real estate strategy. To remain agile and attractive to tenants, office property owners are considering whether to refurbish existing stock, or construct new blocks from scratch. However, this is rarely a straightforward decision. Economic pressures, evolution in tenant demands, developments within ESG requirements, and planning considerations are among the most pressing factors that complicate how CRE asset holders seek to retain tenants and protect long-term asset value.Recent developments within the commercial real estate (CRE) market are forcing asset holders to rethink their real estate strategy. To remain agile and attractive to tenants, office property owners are considering whether to refurbish existing stock, or construct new blocks from scratch. However, this is rarely a straightforward decision. Economic pressures, evolution in tenant demands, developments within ESG requirements, and planning considerations are among the most pressing factors that complicate how CRE asset holders seek to retain tenants and protect long-term asset value.

Professional services: Key considerations for implementing AI

Artificial intelligence (AI) tools are increasingly embedded within professional services, with uses that range from automating routine tasks, to conducting deep-level data analysis. Firms are deploying both third‑party tools and internally‑developed solutions at pace, with adoption growing quickly, particularly among junior staff.

But this embracing of AI within the professional services sector isn’t risk-free. A survey of underwriters conducted by the Lloyd’s Market Association (LMA) identifies Professional Indemnity (PI) as the insurance line most likely to experience AI-related losses, driven by the potential for erroneous or hallucinated outputs. Despite the clear operational benefits of this technology, the risks associated with AI use are bringing about increased regulatory scrutiny and a heightened need to demonstrate responsible implementation.

Against this backdrop, we’ve set out some key areas of risk that professional services firms may wish to keep in mind when developing and implementing AI tools. Any roll-out of AI must be conducted in a manner that is both responsible and aligned with professional, ethical, regulatory, and insurer expectations.Artificial intelligence (AI) tools are increasingly embedded within professional services, with uses that range from automating routine tasks, to conducting deep-level data analysis. Firms are deploying both third‑party tools and internally‑developed solutions at pace, with adoption growing quickly, particularly among junior staff.

But this embracing of AI within the professional services sector isn’t risk-free. A survey of underwriters conducted by the Lloyd’s Market Association (LMA) identifies Professional Indemnity (PI) as the insurance line most likely to experience AI-related losses, driven by the potential for erroneous or hallucinated outputs. Despite the clear operational benefits of this technology, the risks associated with AI use are bringing about increased regulatory scrutiny and a heightened need to demonstrate responsible implementation.

Against this backdrop, we’ve set out some key areas of risk that professional services firms may wish to keep in mind when developing and implementing AI tools. Any roll-out of AI must be conducted in a manner that is both responsible and aligned with professional, ethical, regulatory, and insurer expectations.

Live music: building resilience against political violence risks

Event cancellation typically stems from adverse weather or the non-appearance of artists and key personnel.

However, stakeholders within the entertainment industry must also recognize the threat of political violence to live productions – particularly as the methods of threat actors evolve. 

Robust risk mitigation of violence at live events requires a holistic approach from all parties. Close collaboration and understanding of all contingencies and protections is critical to ensuring the safety of performers and spectators, alike. Event cancellation typically stems from adverse weather or the non-appearance of artists and key personnel.

However, stakeholders within the entertainment industry must also recognize the threat of political violence to live productions – particularly as the methods of threat actors evolve. 

Robust risk mitigation of violence at live events requires a holistic approach from all parties. Close collaboration and understanding of all contingencies and protections is critical to ensuring the safety of performers and spectators, alike.
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