TH March, the UK’s leading specialist jewellery insurance broker, is celebrating its 135th anniversary. Founded in 1887 by the son of a Hatton Garden diamond merchant, the firm made its name providing specialist jewellery and watch cover for individuals and businesses and now provides a growing portfolio of commercial and personal insurance products and financial planning advice.
TH March is the appointed broker to many of the leading trade jewellery organisations, including the National Association of Jewellers, the National Pawnbrokers Association, the Company of Master Jewellers and the Giftware Association. The broker also plays a pioneering role in tackling crime in the sector, spearheading the innovative SaferGems initiative alongside the National Association of Jewellers and hosted by The British Security Industry Association.
While TH March is the jewellery industry’s leading insurance broker, the firm now arranges a range of bespoke insurance products for businesses and individuals. These range from specialist commercial insurance to cover for high value items and home and life insurance.
With a head office in London, TH March also has offices in Plymouth, Birmingham, Manchester, Sevenoaks and Glasgow and employs more than 120 staff.
TH March enters its 135th year with an updated brand and an enhanced offering, to meet its customers’ changing needs. The insurance broker is also launching a nationwide competition, inviting people to share their most treasured memories to win a luxury weekend at the Scarlet Hotel in Cornwall.
Neil McFarlane, CEO of TH March, said: “From small beginnings, we have grown to become the jewellery sector’s leading insurance broker. As we celebrate our 135-year history of helping businesses and individuals protect what is most precious, we think our founder, Tommy March, would be proud of his legacy.
“When TH March began, the British Empire was celebrating Queen Victoria’s Golden Jubilee. Since then, the firm has been through two world wars, numerous recessions and incredible industrial, technological and social change. We have continued to innovate and adapt to new challenges and opportunities. And, most importantly, we have remained committed to upholding the highest standards in everything we do.
“As we look to the future, our customers can relax in the knowledge that whatever they value most is protected through using an experienced and trusted elite insurance broker.”
To commemorate its 135th year and inspired by its history archives, the firm has created a celebration film “A letter from Tommy”* where we listen to “a letter from its founder” (Tommy March)* which he intended to be opened in over 100 years’ time. He predicts that the values he holds dear will remain as important in the future as they are to him in his present. *Inspired by the TH March history archives.
TH March timeline
1887 Tommy March, the son of a Hatton Garden jeweller, discovers a gap in the market for protecting the jewellery trade and sets up as a broker.
1906 TH March is appointed insurance brokers to the National Association of Goldsmiths (NAG).
1911 Tommy March establishes TH March as a Limited Company, with Frederick Ferraro as secretary. Frederick’s grandson, Michael Ferraro enjoyed a long career with the firm and, as a Non-Executive Director, continues to play a key role in the business.
1913 TH March launches its trailblazing ‘Quiver’ policy, which combined seven different household risks, from burst pipes and fire to burglary.
1917 Amelia Ferraro becomes TH March’s Secretary when her brother Frederick goes to fight in the First World War.
1959 TH March launches its innovative ‘Goodwill’ sickness and accident staff scheme for the National Association of Goldsmiths. Many NAG members benefited from this scheme at a time when very few employers offered health and wellbeing benefits.
1964 TH March sets up a new subsidiary, T.H. March (Life and Pensions) Ltd, to provide customers with life assurance and pensions cover.
1967 The British Jewellers’ Association appoints TH March as its insurance broker.
1970s Regional offices open in Plymouth and Birmingham.
1980s Regional offices open in Manchester and Glasgow.
1990s Regional office open in Sevenoaks.
2006 Appointed insurance brokers to the National Pawnbrokers Association (NPA).
2009 To fight the ongoing impact of crime on the jewellery sector, TH March and the NAG launches SaferGems. The initiative is hosted by The British Security Industry Association.
2011 Having satisfied rigorous criteria relating to professionalism, capability and ethics, TH March was awarded the prestigious status of Chartered Insurance Broker; the industry’s gold standard award.
2014 Appointed insurance brokers to the Company of Master Jewellers (CMJ).
2015 The National Association of Jewellers (NAJ) forms following the merger of the National Association of Goldsmiths and British Jewellers’ Association, with TH March as its insurance broker.
2017 Independent customer service assessor; Investor in Customers (IIC) awarded us their highest ‘Exceptional’ 3 star rating.
2022 Appointed insurance broker to the National Association of Jewellers, the National Pawnbrokers Association, the Company of Master Jewellers and the Giftware Association, TH March employs more than 120 staff in six offices across the UK, serving customers with a growing range of insurance products.