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commercial lines for Jewelers Mutual.
To help commercial customers keep
their inventory safe, Jewelers offered to
cover the cost of moving the jewelry to
and from a secure, off-site location, such
as a bank vault or a Brinks facility. "By
making that move, we reduced that risk
of the," Fierst says.
e insurer also realized many of its
customers were hit hard financially and
put in a grace payment period from March
1 to July 1, says Jessica VandenHouten,
brand communications manager for
Jewelers Mutual. If a policyholder is in
a state that is still shut down, the grace
period has been extended.
"Once our policyholders have money
flowing in again, they could begin paying
for their coverage again," Fierst says. "We
don't have many claims, but when we do,
it's a big one."
"In our business,
there is a heavy
crime focus.
When Safer at
Home orders were
put into place
and people left
the stores, the
criminals didn't
get that memo —
it actually exposed
our customers to
more risk."
— John Fierst, vice president,
commercial lines,
Jewelers Mutual
LEARN MORE. SAVE ENERGY.
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Visit www.wisconsinpublicservice.com/bizsavingenergy
for powerful online tips and tools to help your business control
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Business Solutions Center: 877-444-0888
Monday through Friday, 8 a.m. to 5 p.m.
energyadviser@wisconsinipublicservice.com
We know that
controlling energy
costs is more
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