Tuesday 29th April 2025 – TH March Insurance Brokers, the UK’s leading specialist broker for the jewellery and allied trades, also offering insurance for individuals personal valuables, collections, and high value homes, is delighted to announce its transition to an Employee Ownership Trust (EOT). This strategic move secures the company’s long-term independence and recognises the invaluable contributions of its employees to its continued success.
Established in 1887, TH March has built a strong reputation for delivering tailored insurance solutions with exceptional service. By becoming an employee-owned business, TH March ensures its legacy, values, and commitment to clients and industry partners remain at the forefront of its operations.
The transition to an EOT marks an exciting new chapter for the company, reinforcing its dedication to its employees, customers, and the wider jewellery industry. The move aligns with TH March’s ethos of trust, integrity, and sustainability, fostering a culture of shared responsibility and long-term stability.
Simon Dawe, Managing Director of TH March, commented: “This is a proud moment in our company’s history. Becoming an Employee Ownership Trust allows us to preserve our independence while ensuring our dedicated colleagues have a direct stake in the future success of TH March. Our customers will continue to receive the same high standard of service, with the added assurance that our team is fully invested in delivering excellence. We have a strong leadership team at TH March, fully capable of driving the company’s growth strategy and guiding our colleagues through this transition. This is an incredibly exciting time for us as Directors and for our colleagues, as we embark on a transformative journey that will truly set us apart in our sector.”
Michael Ferraro, Non Executive Director at TH March, commented: “My grandfather, Frederick, joined the company’s founder, Thomas H March, in 1905. After his death in 1960, my father, Roger, took on the role, and in 1972, I became the third generation to serve as Managing Director of TH March. Throughout our history, TH March has remained a unique and resilient business, committed to its employees and clients. While the day-to-day operations will continue as they are, the transition to an Employee Ownership Trust (EOT) will position us to strategically evolve for long-term success. I am delighted to continue preserving the unique heritage of TH March and confident that this is the right step for the business and a positive move for both us and our clients.”
Employee ownership has been shown to drive engagement, productivity, and innovation, creating a more resilient and customer-focused business. The transition will empower TH March’s employees, enabling them to contribute to decision-making processes and benefit from the company’s long-term growth.
TH March remains committed to providing specialist insurance solutions and expert advice to its clients across the jewellery, retail, and business sectors, and individuals with personal collections of valuables and high value homes. Under the new EOT structure, the company will continue to operate with the same leadership team, ensuring a seamless transition with no disruption to its valued colleagues, customers, partners and communities.
Mark Smith, Non Executive Director & Chairman at TH March, commented: “For more than 137 years, we have proudly maintained our independence, even as industry consolidation has seen many competitors absorbed by larger corporations. That has never been our path. Transitioning to an Employee Ownership Trust (EOT) ensures a stronger, more sustainable future benefiting everyone involved.”