Supplier News: Week of June 30

UPS Capital Expands Jeweler’s Elite Program to Three Additional Cities

UPS Capital, the risk management and financial services unit of the United Parcel Service, announced the expansion of its Jeweler’s Elite Program to San Francisco, Philadelphia, and Providence, R.I.

Established in 2012, UPS Capital Jeweler’s Elite Program works to protect high-value shipments against loss or damage in transit by combining UPS shipping with UPS Capital parcel insurance. The service also offers coverage for loose stones, protection for international shipments destined for 60 or more countries, streamlined billing on customers’ UPS invoices with no extra invoices, and one-stop claims processing and fast payment.

“After launching successful programs in Los Angeles and New York, these cities seemed [like] a natural stepping stone for our next expansion,” said Dave Zamsky, vice president of marketing at UPS, in a press release. “With its Jewelry Center, JewelryMart, and Diamond Exchange, San Francisco is in the top 10 U.S. jewelry markets. Philadelphia’s Jewelers’ Row is located in the Center City section and has more than 300 jewelry retailers, wholesalers, and craftsmen; and Providence has been a major center for jewelry manufacturing since the founding of the American Jewelry industry in Providence back in 1798.”

Learn more about the Jeweler’s Elite Program at upscapital.com/index.