Jewelry claims are complex and need special attention by jewelry and diamond experts. Insureds are faced with a jewelry and diamond pricing system that changes daily. The terminology used to define quality of gems and diamonds can be confusing for both insurers and the policyholder.

Consider this:

There are more than 70,000 jewelry businesses in the US, all with different levels of experience, training, and service.
U.S. customers spent more than $50 billion on jewelry and watch purchases in 2016.
According to insurance industry data, $1.5 billion in jewelry is lost or stolen annually.

Jewelry insurers and policyholders can benefit greatly from the use of expert, knowledgeable replacement services: the insured receives a replica of that cherished piece, and insurance carriers often save a great deal by replacing, identifying or deterring fraudulent claims, and benefit from the cycle of collecting premiums from the policyholder who usually reinsures the replacement piece with the same carrier.

Claimlink© Jewelry Replacement

It is Alan Fisher's pioneering work in jewelry replacement through Claimlink© that makes him a much-sought-after expert in the insurance industry nationally. With many years of training and more than 40 years of experience in the jewelry and insurance industry, Fisher continues to be one of the nation's leading diamond experts. He is listed in Best's Directory of Recommended Expert Service Providers.

While many contents replacement services now exist, Fisher's was one of the first jewelry replacement companies in the nation — one of the few that focuses strictly on jewelry. Claimlink© now has more than 1,000 locations nationwide through a network of jewelers and maintains an office and secure jewelry viewing areas in New York City's diamond district. It is through its multi-million-dollar inventory that Claimlink© is able to replace fine diamonds, jewelry, and timepieces. His headquarters and state-of-the-art showroom are located in downtown Red Bank, New Jersey.

In addition to jewelry replacement, Fisher provides repair, restoration, appraisal, salvage purchasing and consultation services. Price quote support can be requested through ExpressQuote©, the industry's most innovative online price quote support system. Through Claimlink's SalvagePro© and new SalvagePro Mobile claims services, Fisher arranges inspections of salvaged and recovered jewelry in any condition. The SalvagePro Mobile team will travel to your office to view, inspect and provide confidential bids to purchase large lots. Recent acquisitions include the purchase of a damaged diamond for nearly a half-million dollars.

As his outstanding reputation in the jewelry and insurance industries grows, so does his work. He now provides jewelry-related evaluations for homeowner, commercial, and nonprofit claims. For example, through Claimlink©, Fisher is able to provide theft and loss evaluation services to commercial entities such as jewelry stores, museums, and hotels. Services also include working with third-party administrators and independent adjustment companies.

Because of his 40 years of experience in the jewelry business, and the many facets of his business from repair and restoration to re-cutting and replacement, Fisher's services are much sought after.

Claimlink provides detailed damage reports with photographs to assess the damage to jewelry, timepieces, broken or chipped diamonds and gemstones. All reports contain diminished value calculations for accurate claim settlement.

Sometimes, repair is the answer rather than replacement. Fisher's gem recutting department can recut damaged diamonds or gemstones to yield the maximum recut weight. Inspections and reports prior to recutting are always provided at a no fee courtesy. All recut gems are accompanied with Diminished Value Reports including “before” and “after” digital photographs.

The “Claimlink Replacement Process” can save insurance companies millions in claims by being able to quote, replicate, and replace the item rather than cashing out. Because of services such as Claimlink©, more fraud is often detected, more fake claims can be uncovered and denied, and, ultimately saves policyholders insurance premium dollars paid by keeping the cost of insurance down.

Alan Fisher can be reached at 1-800-537-4700 or at Alan@Claimlink.com

Special Reports /

Jewelry Replacement Has Many Facets

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