Blogs: Supplier News

Supplier News: Week Of Sept. 19


Lavalier Personal Jewelry Insurance Partners With Signet Jewelers

Lavalier Personal Jewelry Insurance has announced that it has entered into an exclusive partnership with Signet Jewelers, making it the sole provider of insurance for Signet banners Jared, Kay Jewelers, and Zales.

“Our commitment to our guests is paramount, and the addition of personal jewelry insurance to our suite of protection plans enables us to deliver full ‘worry-free wear’ coverage,” said Bill Brace, president of Jared and jewelry services for Signet Jewelers, in a statement. “From ensuring the brilliance of your diamond to repair or replacement from normal wear and tear, and now through a theft or loss incident, we strive to deliver true peace of mind for our customers.”

Signet customers may receive an instant online quote at any of the dedicated program websites by entering their zip code, value of item, and their choice of deductible, and can pay online to secure coverage right away. Lavalier policies include worldwide coverage for future loss, damage, theft, and mysterious disappearance/unexplained loss and damage.

“Signet is the leader in jewelry retail, and we are thrilled to bring our services to their customers through household names like Jared, Kay, and Zales,” said Joseph Dowd, president of Berkley Asset Protection, which owns Lavalier, also in a statement. “We look forward to being an integral part of expanding Signet’s commitment to the customer by offering a superior insurance product to protect valued purchases.”

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HSNY Announces Simon Willard Award for School Watches

On Sept. 12, the Horological Society of New York announced the introduction of a new financial ad initiative for watchmaking students in the United States: the Simon Willard Award for School Watches.

Named for Simon Willard, a pioneer in establishing the American watchmaking industry, the program is made possible by a generous donation from Samy Al Bahra, a collector of independent timepieces and proponent of traditional watchmaking education. It builds upon the tradition of watchmaking schools, which often ask their students to create a school watch before graduation.

The initiative is open to any student enrolled in a full-time watchmaking school in the United States or anyone who has graduated no more than one year prior to submitting their entry. Entrants must submit a mechanical watch or clock that was utilized as their school watch project, and the applicant must certify that their entry was designed and made by them. As is tradition with school watches, students should, at a minimum, manufacture the bridges.

“I am excited to contribute to the Horological Society of New York’s educational mission, and I hope the Simon Willard Award helps motivate more watchmaking students in America to take the plunge of sharing their work with the rest of the horological community,” said Samy Al Bahra in a statement.

The application period for the program will be held Jan. 1–Jan. 31 each year, and selected applicants will be asked to deliver their watches to HSNY for judging. Awards will be granted to one student per watch, and the winner will be announced at HSNY’s annual gala in April. Awards of up to $10,000 are available.

Click here for submission info.

Photo via Lavalier Insurance

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By: Brittany Siminitz

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