Announced
Financials
Tags
Pending
Private
Acquisition
Friendly
Single Bidder
Full Line Insurance
United States
full line insurance
Domestic
Majority
Synopsis
Jewelers Mutual, an insurance company, agreed to acquire Wexler Insurance, an insurance agency dedicated to providing risk management solutions to the jewelry industry. Financial terms were not disclosed. "Wexler has a strong track record of developing relationships with, and providing risk management solutions to, the jewelry industry and is an ideal complement to Jewelers Mutual. Combining Wexler's unique products, services and carrier alliances with the investments in data and technology being made by Jewelers Mutual will create a competitive advantage that will expand our footprint and diversify our operational profile," Scott Murphy, Jewelers Mutual President and CEO.
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