Jewelers Mutual Group Acquires Union Life & Casualty Insurance Agency to Enhance Pawn Industry Coverage
Jewelers Mutual® Group, proudly announces the acquisition of Union Life & Casualty Insurance Agency (UL&C), a trusted provider of pawnbroker insurance. This strategic acquisition by JM Insurance Agency Partners, Inc., a subsidiary of Jewelers Mutual Group, promises to bolster the Group’s expertise, strengthen the pawn market, and provide best-in-class insurance coverage to pawnbrokers nationwide.
Expanding Expertise and Market Presence
“This strategic acquisition empowers us to leverage our combined expertise and expand our suite of innovative insurance solutions to further strengthen our market position in the pawn industry,” said Mike Alexander, Chief Operating Officer at Jewelers Mutual. “Together, we will accelerate our growth and continue to deliver incredible value to our customers.”
JM Insurance Agency Partners connects top agents across the U.S. and Canada with global carriers, offering a comprehensive range of products, services, and risk management solutions. The addition of UL&C enhances customer choice and flexibility, delivering personalized insurance options to a broader market.
Commitment to Customer Satisfaction
“Our core values and commitment to customer satisfaction remain steadfast. I believe this acquisition will allow us to create a more powerful force in the pawn industry, ultimately leading to even better products and experiences for our current and future customers,” said Jon Walker, President and Chief Executive Officer at UL&C.
Strategic Growth and Enhanced Value
The acquisition of Union Life & Casualty Insurance Agency represents a significant step in Jewelers Mutual Group’s ongoing strategy to expand its market presence and deliver superior value to its customers. By integrating UL&C’s expertise and offerings, Jewelers Mutual strengthens its ability to meet the evolving needs of pawnbrokers, providing innovative, tailored insurance solutions that set the industry standard.
