JCRS for Insurers

Jewelry Insurance Workshop (Jewelry 101)


Introducing JCRS Claims Solutions

Claims Mitigation

FREE Claims
Settlement Audit

Jewelry Replacement Services

Salvage/Recovery Services

Claims Estimating Software

JEMs® for Agents

XML Jewelry Standards

Jewelry Insurance Manual

Jewelry Insurance Issues Monthly Newsletter



JCRS can help you take control of Jewelry claims
(pdf brochure)


Salvage and Recovery Services

JCRS’ outsource service
for third-party settlement estimates

JCRS Salvage and Recovery services have repeatedly demonstrated that companies overpay claims by failing to accurately ascertain the damage of recovered jewelry items or portions thereof.

Consider, for example, a pair of earrings. If one earring is lost, but the other remains, there is no need for the company to pay out the entire limit of liability, based on the word of a replacement jeweler who says that the item is "irreplaceable."

Indeed, many times a replacement or repair can be made by an accredited gem lab that has manufacturing capabilities. This is a two-step process: 1) the lab first examines the remaining earring, determines its characteristics, qualities, and properties; and 2) then manufactures a duplicate earring. This procedure is typically far less expensive and relieves the company from overpaying the claim.

There are other perils from which insurers could save thousands (per item) if they took the time to recover the remaining or damaged item:

In many cases there is simply no need to pay out the entire limit of liability when something of value — perhaps the larger proportion of value — obviously remains. Some times there is no damage at all; this is especially true in claims for damaged stones.

For more information about our Salvage & Recovery Services, including procedures and fees, please contact us directly.