55% of Scheduled Jewelry Policies are Under-Insured
ARTIGEM HAS THE SOLUTION
AGENTS.
UNDERWRITERS. POLICYHOLDERS.
No matter your role, SpeedCheck’s integrated and efficient workflow will make updating jewelry appraisal values a breeze. Our extremely agile software enables Agents, Underwriters, and Artigem to update jewelry values all while identifying new streams of revenue from your existing book of business.
Once appraisal data is entered into the system, SpeedCheck will reassess the appraised value and automatically update if necessary. Your book of business will never grow old again, solving this decade old problem.
50% PRICE INCREASE
In the last 3 months, the RapNet Diamond Index (RAPI) is up 23% for a 1ct. diamond. In total, diamond prices are up over 50% the last 18 months.
55% OF POLICIES UNDERINSURED
Outdated appraisal values and current diamond prices result in an undervaluation in 40-50% of jewelry claims when compared to the replacement cost.
$35 PER POLICY
Artigem’s analysis suggests that premium revenue will increase $35 per item on the entire book of business, that is $3.5 million per 100,000 policies.
“Once an appraisal is entered into SpeedCheck, it can automatically update values as the market pricing dictates, the book of business will never grow old again.”
— Kurt A., CEO
Contact
Feel free to contact us with any questions or schedule your free demo!
Email
info@artigem.com
Phone
(888)205-2522