TH March Becomes Employee Owned

It’s a bold move from UK jewellery shop insurance brand TH March, as the High Street continues to shrink in terms of mainstream retail outlets.

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-today 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.”