Industry / Industry News

Jewelers Mutual Acquires Insured Shipping Provider IFS Inforsure

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Industry insurer Jewelers Mutual Group has acquired IFS Inforsure, a Pasadena, Calif.–based provider of insured shipping for jewelry, watches, and other high-value goods.

“This strategic acquisition strengthens our collective ability to deliver unparalleled service and innovation to the industries we serve,” said Mike Alexander, Jewelers Mutual Group president, in a statement. “Bringing our capabilities together supports our united mission to provide exceptional service and care to customers shipping high-value items.”

The 10-year-old IFS works with FedEx to move packages domestically and internationally for wholesalers, retailers, refiners, and private individuals. IFS founder Jeroen Sparreboom said serving the jewelry and watch industries has always been central to the company’s strategy.

“Joining Jewelers Mutual Group will allow us to accelerate many new innovations and solutions that align with that goal,” he said.

The announcement did not say whether IFS will keep its own brand or be folded into JM’s existing infrastructure.

Shipping is already part of Jewelers Mutual’s business. The insurer debuted JM Shipping in 2018 as a multi-carrier platform where jewelers compare rates and buy coverage, and made it part of its Zing digital platform when Zing debuted in August 2020. In September 2025, it released a JM Shipping Solution app for Shopify stores that pulls real-time FedEx, UPS, and USPS rates and adds insurance to shipments.

In July, Jewelers Mutual expanded into Canada by acquiring a Toronto-based jewelers brokerage. In April, it purchased the Australian insurer Jewellers Loop.

This latest deal arrives weeks before a leadership change. Alexander will succeed Scott Murphy as president and CEO on Jan. 1, 2027, when Murphy retires after 12 years at the helm.

(Photo courtesy of Jewelers Mutual)

By: Sam Cooley

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