JEWELRY
Overview
Over
the last few years, the jewelry industry in Spain is undergoing one
of its most sensitive times as common criminals have earmarked it as
a preferred target. However, many of the negative episodes suffered
by this sector could be avoided or substantially reduced. In
addition to more emphatic legal actions on the part of the law, all
jewelers should dramatically increase their awareness towards the
concept of risk management.
From an insurance technique perspective, an improvement of risk
management in the jewelry industry would enable the latter to avoid
underwriting insurance policies with great premium hikes and facing
the frequent resolve of many Insurance Companies to stop offering
this type of insurance.
Taking the aforementioned into account, HCC Europe has developed
specific insurance for the jewelry industry, focusing particularly
on the management and security techniques applied therein. Thus, HCC
Europe offers to all the clients linked to this sector a commitment
to personalized analysis and the presentation of customized
underwriting proposals tailored for each specific need, fleeing from
standardization when underwriting this type of insurance. Our final
objective is to contribute to heightened segment stability, security
and, consequently, positive future development with our product and
relying on the cooperation of the sector’s professionals. If we
achieve this, we believe the impact on insurance contracts will be
immediate, securing better coverage at acceptable costs.
This insurance contract is geared at:
• Jewelry Manufacturers
• Wholesalers
• Jewelry Shops
• Self-employed or Company-employed Traveling Salespersons
• Retailers
• Retailers with their own shop
HCC Europe started marketing this Jewelry sector-specific product on
1 January 2005. We are satisfied to see how a large number of
prestigious insurees have taken to our business approach: from the
very first moment, they have shared our principles and trusted the
work style and professionalism of our Insurance Company. |
