(PRESS RELEASE) NEW YORK — Lavalier Personal Jewelry Insurance has officially partnered with the International Gemological Institute (IGI), the world’s leading independent diamond, gem and jewelry grading, education and appraisal institute. Through this collaboration, Lavalier will offer discounted premiums to consumers who provide an official IGI grading report, along with continued educational support on subject matters such as appraisals, lab grown gemstones, jewelry-specific insurance coverage versus homeowners or renters policies, and more.
Lavalier offers flexible policies that include worldwide coverage for loss, damage, theft, mysterious disappearance/unexplained loss and wear and tear. Consumers can obtain an instant, online insurance quote at Lavalier.com/IGI by entering just their ZIP code, value of item and their choice of deductible, and can pay online to bind coverage within minutes. Customers who specify that they have an IGI grading report will see a discount of up to 10% applied to their premium at checkout. With the holiday shopping season upon us, it’s the perfect time to offer Lavalier insurance and IGI grading services for new jewelry purchases.
IGI is the largest organization of its kind, operating 29 laboratory locations around the world grading finished jewelry, natural diamonds, lab-grown diamonds and gemstones. They offer natural and lab-grown diamond and gemstone screening, appraisals, registration and other services.
“IGI has been renowned as a trusted leader in grading and reporting for almost 50 years,” said Berkley Asset Protection vice-president Lorelle Henry. “As IGI and Lavalier each continue to expand and innovate within our prospective areas of expertise, this partnership is a very natural progression to collectively offer enhanced services and education to our jewelry customers.”
“Collaborating with Lavalier will not only provide our valued consumers with enhanced protection for their precious jewelry but also empower them with the knowledge and confidence that comes from working with two trusted industry leaders,” stated Avi Levy, president of IGI North America.
For more information, visit the company websites at Lavalier.com and IGI.org.
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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 Lavalier
Lavalier Personal Jewelry Insurance provides worldwide, comprehensive coverage – including loss, theft, and damage – so jewelry consumers get back to enjoying life, not worrying about the “what ifs.” Policies are insured by Berkley National Insurance Company, an A.M. Best A+ rated company.
Lavalier is part of Berkley Asset Protection, a leading specialty insurance provider that offers insurance for all aspects of jewelry and fine arts businesses: jewelers block, fine art, museums, and workers’ compensation.
Products and services are provided by one or more insurance company subsidiaries of W. R. Berkley Corporation. Not all products and services are available in every jurisdiction, and the precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued.
