Jewelers Mutual Expands in Canada With Acquisition of CJB

By JCK News Desk | July 10, 2026

Industry insurer Jewelers Mutual announced earlier this week that it has acquired CJB Insurance Services, a Toronto-based brokerage regarded as Canada’s top specialty jewelers block insurance firm.

Jewelers Mutual said the deal strengthens its footprint in the Canada and expands the range of products, services, and technology solutions available to CJB’s customers. Financial terms were not disclosed.

“Together with the CJB team, we are well positioned to bring even greater value to the customers and jewelers we serve,” said Mike Alexander, Jewelers Mutual Group president.

CJB’s founder, Meredith Thomas, added that the brokerage—which has operated in the Canadian market since 1998—is looking forward to the next stage and to maintaining the client relationships it has cultivated over the years. “We are excited about the opportunities this new chapter creates for our customers,” said Thomas.

The two companies have already begun integration work and are focused on ensuring a seamless transition, according to the Jewelers Mutual press release.

CJB, originally incorporated as Canadian Jewellers Block Insurance Services Inc., has built its business around tailored insurance programs for jewelers, diamond merchants, and other businesses connected to the Canadian jewelry trade. Its services extend beyond policy placement to include risk management consulting, loss-prevention guidance, security equipment reviews, and claims assistance.

Jewelers Mutual has served the jewelry industry since 1913.

The JCK News Desk uses AI to help research and produce the first draft of articles. This story was then reviewed by staff writer David Blomquist.