Lloyd's jewellers block specialists Watkins syndicate 457 has developed a new einsurance venture for jewellers and brokers, which they unveiled at this week's Jewellery Insurance Show.

The service will allow jewellers and brokers to buy specific jewellers' block cover quickly and easily online.

Watkins deputy underwriter Michael McCord said: “Jewellersure.com gives jewellers and insurance brokers instant access to expert knowledge and improved customer response times.

“This facilitates the management of a client's policy to reflect their needs and changes with minimum delay and maximum efficiency.”

Using the website, brokers and jewellers are able to view and change their coverage, as well as inform underwriters of required amendments or claims.

The ebusiness venture was launched at the Jewellery Industry Show at Earls Court.

Watkins has boosted its capacity for the 2000 year of account from £71.4m to £85.6m following its acquisition of Northern Marine Underwriting and the extension of its UK cargo account.

Watkins' 457 syndicate is managed by Apollo Underwriting and its capacity is 100% underwritten by Munich Re.