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Jewelers Mutual Acquires Business Operations of TransGuardian

Jewelers Mutual Group continues to expand its product offerings in support of its core insurance business by purchasing the assets of TransGuardian, Inc., a shipping logistics software company. TransGuardian’s creation in 2005 was an innovative breakthrough for online logistics services, developed by a team who has designed innovative shipping solutions since 1980.

“Jewelers Mutual is dedicated to providing value to our jewelers and offering a shipping solution is another way to do so,” said Scott Murphy, president and CEO of Jewelers Mutual. “With this acquisition, we take a major step forward by combining an industry-leading solution with our talent and resources to create a holistic shipping solution for the entire industry.”

Jewelers Mutual partnered with TransGuardian in 2017 to present JM Shipping Solution™, a convenient, cost-effective, and safe way to ship jewelry that allows the user to take advantage of exclusive discounts, insurance options for their packages, and more.

As part of Jewelers Mutual, the former TransGuardian business and team, led by Jim and Madlene Moseley, will continue to serve enrollees of the JM Shipping Solution, as well as their current customer base.

“Being welcomed into a 105-year-old company like Jewelers Mutual means access to a wide range of talent and resources,” said TransGuardian leader, Jim Moseley. “Together, we will enhance our customer experience and roll out bigger and better enhancements and discounts.”

“The needs of the jewelry industry will continue to change. Jewelers Mutual is committed to navigating those changes to continue to provide solutions that raise the tide of the entire industry,” added Murphy.

All current TransGuardian employees are being welcomed onto the Jewelers Mutual team. TransGuardian’s customer-facing service centers in New York City and Los Angeles will continue operations uninterrupted as part of the Jewelers Mutual Group.
AT: 08/23/2018 02:42:45 PM   LINK TO THIS NEWSLETTER
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