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
+44 207 933 1135

News and Insights

Most firms very wisely seek to limit their liability to clients in their engagement letters. It makes sense to do this so the firm and the client both know how much financial compensation might be available if things go wrong. 
But while limiting liability is good risk management practice, such clauses must be drafted carefully to be effective. Problems arise where the perceived losses are more than the limit of liability contained in the engagement letter. And if restrictions and exclusions are too onerous, they could be deemed unenforceable, leaving liability unrestricted.
Law firms: limiting liability in engagement letters

Hydrogen vehicles and refuelling stations: property considerations

Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use. Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use.

Golden thread: BSA requirements create additional cyber exposure

The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.

Deepfake and the risk of vendor fraud: challenges and solutions for solicitors

Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.
See all news and insights

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