Jewelers Mutual, specializing in insurance solutions for the jewelry industry, has acquired Union Life & Casualty Insurance Agency, which provides insurance for pawnbrokers. This strategic move, according to Jewelers Mutual’s COO Mike Alexander, aims to enhance their market position in the pawn industry by expanding their product offerings and customer options. Union Life & Casualty, in operation since 1965 and focusing on the pawn sector for over 25 years, will contribute valuable expertise to the partnership. Both companies emphasize their commitment to customer satisfaction and innovation in insurance solutions following the acquisition.
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