Lonmar creates specie division

Lonmar Global Risks has rebranded its jewellers’ block business as the specie division.

The specie business, which will be headed by divisional managing director, John Braithwaite, will operate within the Lonmar Specialties operation and is targeting growth.

It will cover risk including worldwide diamond enterprises, cash in transit, bullion and vault risk, transit risks, jewellers’ block, line slip and operational facilities throughout the portfolio.

Andrew Harding, board director of Lonmar said: “Specie has been an important area of our business and one in which we have real strength and expertise in depth and growth potential.

"We now look to developing our strong market position as one of the leading specialists in the London market and to attracting more teams of high quality professionals.”