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IndependentsAug 21, 2018
Jewelers Mutual Acquires TransGuardian
Jewelers Mutual Group began working with the tech and logistics company a year ago to create its shipping platform.
Insurance company Jewelers Mutual Group has acquired the company that helped it launch its online shipping platform earlier this year.
Neenah, Wis.—Jewelers Mutual has acquired the company that helped it create its shipping platform.
Jewelers Mutual worked with TransGuardian, a technology-oriented shipping logistics company, to create the JM Shipping Solution, which launched earlier this year.
The platform allows jewelers to compare their shipping options with multiple carries in one online space and receive discounted rates.
Now, Neenah, Wisconsin-based Jewelers Mutual is absorbing TransGuardian’s business operations. The latter company has been in the shipping solutions industry since 1980, focusing on online logistics software since 2005.
All TransGuardian employees will continue in their roles under the Jewelers Mutual umbrella, including company heads Jim and Madlene Moseley, and still will serve customers from their New York City and Los Angeles offices.
The team will continue to work with existing customers, plus Jewelers Mutual clientele.
“Being welcomed into a 105-year-old company like Jewelers Mutual means access to a wide range of talent and resources,” Jim Moseley said in a news release announcing the acquisition. “Together, we will enhance our customer experience and roll out bigger and better enhancements and discounts.”
Scott Murphy, president and CEO of Jewelers Mutual, added, “Jewelers Mutual is dedicated to providing value to our jewelers, and offering a shipping solution is another way to do so. With this acquisition, we take a major step forward by combining an industry-leading solution with our talent and resources to create a holistic shipping solution for the entire industry.”
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