The risks involved in jewellers' block insurance

Theft to order

In the past few years, we have witnessed a significant increase in the skill and quality of thefts carried out. The perpetrators are becoming ever more professional in their approach and frequently now target only specific jewels - the ones that their "clients" will be most interested in. This development is no doubt also linked to the growing popularity of jewellery as a target for the world of organised crime.

Flourishing black market

It is very important for thieves to be able to sell their spoils at an attractive price on the black market. The more efficiently the black market works, the closer the proceeds will be to the actual retail price — and the more profit margins will rise. Unfortunately, the black market for jewellery is indeed booming, especially in Asia.

Huge values in small areas

No other objects have such a high concentration of value (i.e. value per cubic centimetre) as diamonds and jewellery. Thieves can make off with several million euros' worth of jewellery in their jacket pockets. This is obviously not something that could be done with a million euros in cash, for example.