Press Releases

BriteCo Integrates IGI Grading Results to Enhance Tech-Driven Appraisal Tools for Jewelers

(PRESS RELEASE) CHICAGO, IL – BriteCo, a leading tech-driven provider of jewelry and watch insurance, has announced today the integration of International Gemological Institute (IGI) grading reports to BriteCo’s Appraisal Management System. IGI is the world’s leading independent diamond, gem and jewelry grading, education and appraisal institute. As the largest organization of its kind, IGI operates 29 laboratory locations around the world grading finished jewelry, natural diamonds, lab-grown diamonds and gemstones. The IGI grading results integration to BriteCo’s Appraisal Management System helps retail jewelers provide faster and more accurate appraisals for their customers and better determine adequate jewelry insurance coverage.

“There are over 200,000 appraisals in the BriteCo Appraisal Management System from thousands of independent retail jewelers across the United States,” said Dustin Lemick, founder and CEO of BriteCo. “The integration of IGI grading results to our system continues our commitment to provide the very best, tech-powered innovation to our retail jeweler partners.”

Available free to qualified retail jewelers, BriteCo’s Appraisal Management System is the best-in-class appraisal system in the market, used by thousands of BriteCo retail jewelry partners to accurately appraise jewelry. Its proprietary software has revolutionized jewelry appraisals with digital forms that replace traditional paperwork, offering faster processes and superior accuracy. The BriteCo system enables retail jewelry partners to leverage technology to quickly and comprehensively appraise jewelry, while allowing customers to insure their jewelry with BriteCo’s top-rated jewelry and watch insurance.

“BriteCo has helped our company to access and use technology to improve processes and better serve customers in ways we couldn’t before,” said Andrew Elawar of Chrysella Fine Jewelry and Diamonds of Woodbridge, Virginia. “For a retail jeweler, it means we can stay ahead of the competition while meeting customer demand for innovation.”

IGI grading results integration is available now in the BriteCo Appraisal Management System for all BriteCo retail jewelry partners. Retail jewelers interested in joining BriteCo’s jeweler partner program can learn more here .

About IGI

The International Gemological Institute (IGI) has 29 laboratories and 18 education facilities in major diamond and jewelry centers around the world. For over 45 years, IGI has provided the fine jewelry community and consumers with a broad range of services including natural and laboratory grown diamond reports, colored stone grading and origin reports, as well as jewelry identification and appraisal reports. With the increase of lab grown diamonds in the marketplace, IGI screens millions of natural and lab grown diamonds in order for the industry and consumers to receive the product they expect. Regardless of location or marketplace, an authentic IGI Laboratory Report is the common language of trust and confidence in the gemological world. www.igi.org

About BriteCo

BriteCo is a leading tech-driven provider of jewelry and watch insurance. Created by a third-generation retail jeweler, BriteCo offers best-in-class jewelry and watch insurance, available in all 50 states. Its top-rated insurance is accessible to customers wherever they prefer, directly online, through an independent insurance agent or broker, or at luxury jewelry retail partners around the country. BriteCo policies have $0 deductibles, are backed by an AM Best A+ rated insurer, and provide worldwide coverage. For more information, visit brite.co

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