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Loss Prevention – Are you prepared?
Daytime Crimes… Shoplifting, Grab and Runs, Messenger and Armed Robberies!

Did you know that most losses occur when a business is open? Well, the truth is, more than half of the claims submitted against a jewelers block policy consist of shoplifting, grab and run thefts, messenger losses, and armed robberies. So now we understand that these are common losses that can occur during business hours… What can we do to prevent these?

Good question! Actually, over 60% of jewelry related losses can be prevented. Here are some recommendations to consider that may help you prevent these types of losses. Share this information with your employees.

Open & Close Tips!
1. Don’t be so predictable… Change the time and route you take when going to and from work, the bank and lunch.
2. Never open and close your store alone; you are simply asking for trouble.
3. Keep your doors locked before you are open and while you are closing your store.
4. Only when your doors are locked should you begin putting away merchandise in the safes and/or displaying merchandise in the showcases.
5. Avoid opening your doors to anyone unless they are an employee while opening or closing your store. Robbers are known to dress in uniforms, such as UPS, Federal Express or the Postal Service.

Security Measures!
1. Install pick-resistant locks on all showcases.
2. Secure showcase glass with metal clips and adhesive.
3. Several times during the day inspect your showcases to be sure they haven’t been tampered with.
4. Always keep your display cases and windows locked during business hours.
5. Consider a buzzer system to let customers in and out or have a chime system to alert you when a customer enters the stores and leaves.
6. Install a one way mirror in your store.
7. Arrange your floor plan so that you and all employees have a clear view of the entire showroom.
8. If possible, don’t display all of your high value items in one place. Distribute these items throughout the stores in strategic areas that are away from your entrance. Excess high value items should be locked in a drawer to remain out of sight during an armed robbery. Have your own secret hiding place.
9. Don’t have a public restroom.
10. Install holdup buttons, including wireless. Educate your employees how and when to use them. Have a few holdup buttons in lower places in the event you are asked to drop to the floor, even consider having one in the restroom.
11. Have a surveillance camera system with a recording device.

Questions? Call or Email us!
ASK FOR Seth, Laura or Dave
Toll-free (800) 545-5624
Union Life & Casualty Insurance Agency
5225 N. Central Avenue, Suite #110
Phoenix AZ 85012
Phone (602) 277-5555
Fax (602) 265-9763

 

 


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