Jewelry Valuation and Fulfillment Services

Claimplus has developed programs and strategies to make major severity reductions in the jewelry arena. Descriptions such as “Diamond Ring” and “Gold Necklace” are fairly common and very often offer severity reduction opportunities. Our experts ask the questions that can save insurance companies millions. Stone and metal variables amongst many other aspects, alter the value of a jewelry piece leading to considerable value differences. For example, a recent claim was submitted for “Jewelry” in the amount of $12,000. Upon discussion with the insured, our experts were able to fairly and accurately value the jewelry at $4,500 while maintaining policyholder satisfaction.

Claimplus experience and product expertise in jewelry is saving our clients millions in severity. Claimplus staff is highly knowledgeable and backed by an on-staff certified gemologist. Insurance company claim adjusters are expert in settling claims, working with policyholders and determining coverage. Some have in depth product knowledge. Most however do not have the time or knowledge to address the various products that are routinely encountered nor are they able to match the depth and breadth of the product expertise found at Claimplus.

Our low costs, fast cycle times, outstanding customer service and broad range of product knowledge helps to minimize severity, maximize your claim department productivity and policyholder satisfaction. We’ve led major changes in the industry that have improved customer service while keeping operating expenses low and maximizing severity management. Claimplus cycle time includes document deciphering, transcription, research and documented output containing information that makes claim processing easier.

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