Jewelers Mutual Group’s Post

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐕𝐚𝐥𝐮𝐞 𝐢𝐧 𝐘𝐨𝐮𝐫 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐞𝐬 𝐰𝐢𝐭𝐡 𝐕𝐚𝐮𝐥𝐭 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 At Vault, we understand that collections are more than just items; they are priceless memories and investments that deserve the best protection. Our 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 is designed to safeguard your most cherished possessions, whether fine art, vintage wine, rare coins, or any other valuable collection. Explore our 𝐂𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧𝐬 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐚𝐠𝐞 to learn how we can help you appraise, protect, and enjoy your treasures without worry: https://lnkd.in/eRw82JhN. Why Vault? • Customized coverage tailored to your unique needs • Expert appraisals to determine accurate value • Comprehensive protection for accidental loss, theft, and damage • Risk mitigation tips from industry professionals Join countless satisfied customers who trust Vault with their invaluable collections. Let us help you preserve the legacy of your prized possessions. #VaultInsurance #CollectionsCoverage #ProtectYourValuables  

Some things are supposed to be timeless. Certain timepieces are seen as status symbols. But to several people, they culminate their journey to sustainable success. It’s a reward for all the hours they put into their profession and a sign they have made it. But as with everything else, there are those who want to take shortcuts. Last year saw an increase in watch theft ROLEX made up 44% of all watch thefts.  No one wants to see something they worked hard to attain to be snatched away from them. Now if you have homeowners’ insurance, you may be under the false assumption that your watches are covered under the contents section of your policy. However, there is a sub-limit for theft that is usually 10k. if you know the prices of valuable timepieces then you know that isn’t nearly enough. But is there a solution? That would be an article personal floater which is commonly known as a collections policy. It is a very affordable policy that offers worldwide coverage for various valuable items. What does worldwide coverage mean? It means your items are protected anywhere, meaning whether it’s stolen or lost at your home or abroad you are protected. You can also customize your policy to either have blanket coverage with one set coverage or you can itemize your collection, putting a coverage on each individual item.  We personally work with Abacus Insurance Brokers for these coverages. So don’t let your hard work be picked off with no protection. Ask us about a potential collections policy. Protect the timeless and priceless. https://lnkd.in/gPCG2dMa #WatchInsurance #JewelryInsurance #LuxuryInsurance #AssetProtection #InsuranceCoverage #RiskManagement #HighValueInsurance #TimepieceProtection #WatchesAndJewelry #InsuranceBroker #ValuablesInsurance #TimepieceCollector #FineJewelryInsurance #AssetSecurity #PreciousItemsInsurance #WatchCollector #InsuranceSolutions #CoverageOptions #ProtectYourInvestment

Jewelry store robberies and thefts are a serious concern for the industry both for the direct effects of such crime and the long term effects on the costs of running a business as well. That being said, it's a little odd that there are no statistics cited in this article or in the release from JM/JSA, just a vague statement about the severity of the increase. It's important to have that context so jewelers understand what the current environment is. Did the rate of robberies jump 200%? That's alarming. Did it jump from one robbery last year to two? That's less so. Are robberies up? That's bad. Are all of the robberies in one state? Maybe it's good to be aware, but not really freak out if you're in Alaska and the robberies took place in Illinois. Warnings like this are absolutely vital for the industry, but they need to be better contextualized to give actionable information rather than just being framed in the scariest terms possible.

The surge in luxury asset fraud 🛡️ is sending shockwaves through the investment and collector communities alike! From cunning fakes to audacious Ponzi schemes 💰. The first step, as always, is to raise your awareness and understand your enemy #LuxuryAssetFraud #ProtectYourInvestments #luxurybrands #artlaw

In recent years, the world of luxury assets has faced a rising tide of fraud. From high-end art to rare collectibles, these assets have long held allure for investors and collectors. However, as their value continues to soar, so does the prevalence of fraudulent activity surrounding them. Fakes, thefts, and Ponzi schemes have become increasingly common, posing significant risks to those who invest in or own these priceless items. In light of the recent Fraud Conference, this article delves deeper into luxury assets and the increased risk of fraud. Read the full article written by Maria Elena Z. here: https://lnkd.in/eyYr9aiR The Fraud Conference: https://lnkd.in/duhwwrG #fraudconference #luxuryassets #artlaw 

By the grace of God & some highly stringent vetting, Our office has not had any issues (knocking on wood) even though we move a substantial amount of freight through California. One of the reasons for this I believe is we mostly use Carriers we have a ongoing relationship with or ones that have been referred by those carriers. Even with very careful Carriers problems CAN happen and you can not always stop the bad guy. So you must prepare. In this day of modern electronics that have come down incredibly cheap prices, we can give the edge to Law Enforcement with some of these things. Camera systems, Everything from multi cam systems with DVRs for a few hundred bucks to "cellular game cams" commonly used in hunting for $70-$250 Placing these discreetly where your truck or trailer is parked can capture anything from license plate numbers to pictures of faces with some pretty amazing clarity & time stamps. If Law Enforcement is provided these kind of leads it makes their job much easier and knowing that going in, your case may very well get more attention. Vehicle tracking devices is another winner here. From simple Apple airtags to stashing an old cell phone in the cab to various tracking devices. The availability of real time tracking can make recovery quicker and a better chance of a complete recovery and better yet a conviction of the bad guy. Our society isn't improving and truth being told it is getting worse. More & more people are joining the ranks of scum bags looking for an easy dollar. Make your potential target harder so the scumbag looks for an easier & less dangerous target. Jump on Google maps before going to a new P/U or delivery location and check out safe waiting or turn around areas and potential pinch points. 5 minutes of research may save you a lot in deductibles, higher insurance premiums, loss of work while replacing equipment or even your (God forbid) your life. https://lnkd.in/gEEZWuTZ

Different products require different strategies to protect them in-store and may require different strategies to investigate losses. We also know that products with specific characteristics are more likely to be stolen—these are typically discussed using the CRAVED model (see below). In other words, products that have more of these characteristics are more likely to be the target of theft than those that have fewer.

We know that your week can get busy, and the time you have to catch up on the news from around the retail loss prevention industry is often stolen away by other things. That’s why the LPM team sifts through headlines from all over the country to bring only the most relevant LP news to you here, in our special weekly news round-up—the perfect bookend to a productive week. https://lnkd.in/gyGFHSn9

Vehicle thefts were high in 2023 and show no signs of slowing down this year. Here's how you can help protect your dealership lots. #Insights #VehicleTheft #CrimePrevention #AutoIndustry #Dealerships #Security https://ow.ly/oSw550R3vXS

Attention all dealership owners! Are you relying on a board on the wall as your Keytrack system that looks like this for theft prevention, you might want to reconsider. As we enter 2024, it's important to be proactive when it comes to protecting your inventory. Don't wait until it's too late and you make the headlines for the wrong reasons. LoJack by Solera development manager can help you explore your no-cost options in just 15 minutes. Don't miss out on this opportunity to keep your dealership safe. https://lnkd.in/eTQd_zp3