Jewelry Manufacturer Insurance Built for the Full Production Process
Production risk doesn't begin when a piece is finished. It begins the moment raw materials arrive on your floor — and it doesn't end until finished goods reach their destination. At Jewelers Block, a specialty program of MJM Global, we structure coverage around how jewelry manufacturing actually works, not how a retail policy was written.
From Raw Materials to Finished Goods — Every Stage Covered
Standard commercial property policies are written for storefronts. A jewelry manufacturing facility carries a fundamentally different risk profile: raw gold, loose gemstones, and work-in-progress pieces that hold significant value long before they become a sellable product. Our jewelry manufacturer insurance accounts for that entire value chain — raw materials in stock, components being worked, and finished inventory awaiting shipment — so no stage of production falls outside your protection.
Coverage for manufacturing operations includes:
- Raw materials, including gold, silver, platinum, and loose gemstones
- Work-in-progress pieces at every stage of fabrication
- Finished goods held on premises prior to shipment
- Goods taken in for repair or finishing on behalf of other trade members
- Employee dishonesty and internal theft
- Robbery and burglary at your facility
Coverage That Doesn't Stop at the Loading Dock
For manufacturers, the shipping window is often the moment of greatest exposure. Finished goods moving to wholesalers, retailers, or trade clients represent concentrated value in transit — and that transit risk requires coverage structured for it, not retrofitted from a premises policy. Our program integrates outbound shipment protection directly with your manufacturing coverage, so the policy follows your goods from the production floor through delivery. Manufacturers shipping regularly to trade partners can also explore our dedicated shipping and shipment protection for additional detail on how transit coverage is structured.
Three Generations of Carrier Relationships — Applied to Your Risk
Jewelers Block is a specialty program of MJM Global, a family-owned brokerage with more than 70 years of experience insuring commercial and personal risk. Our relationships with major Jewelers Block carriers — including the London markets — give us placement access that most competitors don't disclose, let alone offer. For a jewelry manufacturer, that means your policy is placed with carriers who understand production-stage valuation, not carriers who are adapting a retail framework to a facility they've never underwritten before.
We are also one of the most experienced teams in the country working exclusively within the jewelry industry. We exhibit at major trade shows and conventions, we know your trade, and we structure programs that reflect it.
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Your Claims Manager Negotiates on Your Behalf
When a loss occurs — whether it's a theft of raw materials, damage to work-in-progress, or a shipment that doesn't arrive — you don't navigate the claims process alone. Every client works with a dedicated claims manager who advocates and negotiates directly with the carrier on your behalf, from first notice through final resolution. That level of hands-on involvement is not standard in this space. It is standard here.
You can learn more about how we handle the claims process on our Claims Advocacy page.
Frequently Asked Questions About Jewelry Manufacturer Insurance
Does jewelry manufacturer insurance cover raw materials like gold and loose gemstones before they've been worked?
Yes. Coverage applies to raw materials in stock — including precious metals and unmounted gemstones — as a distinct category from finished inventory. Your exposure begins when materials arrive, and your policy should reflect that.What is work-in-progress coverage, and why does it matter for a manufacturing operation?
Work-in-progress coverage applies to pieces that are partially fabricated — no longer raw material but not yet a finished, sellable product. This stage is often unaddressed by retail-oriented policies, and it can represent a significant portion of the value on your floor at any given time.Can my manufacturing coverage include protection for goods I take in from other trade members for repair or finishing?
Yes. Coverage can be structured to include goods taken in on memo or for repair work performed on behalf of other jewelers, designers, or trade clients — a common exposure for manufacturing operations that also handle trade finishing or custom work.How does outbound shipment coverage work in relation to my manufacturing policy?
Outbound shipment protection can be integrated directly into your Jewelers Block program, covering finished goods in transit to wholesalers, retailers, or other trade destinations. We also offer a dedicated shipping and shipment coverage line for manufacturers with high-volume or high-value transit needs.What makes a Jewelers Block policy different from a standard commercial property policy for a manufacturing facility?
A standard commercial property policy is designed for general business inventory and premises risk. Jewelers Block is a specialty inland marine coverage form developed specifically for the jewelry trade. It accounts for the unique valuation methods, loss scenarios, and transit exposures that define jewelry manufacturing — and it's placed with carriers who underwrite this risk regularly, not occasionally.
