K&L Gates Advised On Sale Of Jewellery Insurance Business To US-Based Jewelers Mutual Group

K&L Gates advised on sale of jewellery insurance business to US-based Jewelers Mutual Group

K&L Gates advised on the sale of Jewellers Loop and its Q Report and JewelCover jewellery insurance businesses to a subsidiary of US-based insurance company Jewelers Mutual Group.

Founded in 2004 under the Q Report brand, Jewellers Loop was Australia’s first specialist jewellery insurance provider. Its products, Q Report and JewelCover, are underwritten by Chubb Insurance Australia and have served a significant customer base across the country. The acquisition by Jewelers Mutual Group—established in 1913 as a dedicated insurance and business solutions provider for the jewellery sector—marks a strategic international expansion into the Australian market.

Sydney Partner, Lyons said: “We congratulate Jewellers Loop on this milestone transaction and wish the enlarged venture every success. We look forward to seeing how their combined capabilities will enhance the jewellery industry and support their customer base in Australia and beyond.”

The Corporate deal team was led by Russell Lyons ( Partner, Sydney ), with support from Becki Tam (Special Counsel) and Daniel Nastasi (Lawyer).

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