Because of the way we have designed the cover, we are able to offer very competitive premiums and guarantee no shortcuts in the quality of your replacement in the event of a loss or damage.
We offer 30 days complimentary cover
We offer 30 days complimentary cover to ensure you are covered from the day you pick up your precious diamond piece from one of our network jewellers. Fill in your details online, register your diamond and receive instant cover. Alternatively, give us a call and we can provide your cover over the phone Your policy is underwritten by Lloyd’s of London, the oldest and one of the most prestigious name in insurance.
Worldwide Cover
Worldwide Cover ensures you are covered anywhere in the world for trips up to 60 days.
Quick and equivalent replacement
We provide expert diamond advice in the event of replacement. We understand how important these items are to you and our expert team will ensure quick and equivalent replacement in the event of a loss.
We pride ourselves in providing an excellent claims service and making the process as easy and as quick as possible We provide dedicated insurance for your most sentimental and precious diamonds. We pride ourselves in offering Friendly and helpful first class service Our staffs are based in Australia and we are here to assist you with your insurance needs.
Complimentary Health Check for Your Item
As a preventative measure we offer a complimentary health check for your item with a network jeweler. If you have to make a claim under your policy we do not deduct any excess for specified items. We can add your other diamond Jewellery items to your policy by specifying them.
Valuations and Certificates AcuVal is a platform that provides an easy way of building up a valuation for a jewellery item and providing a printable certificate. Create and manage valuations and valuation certificates.
Connecting Jewellers and Customers The platform provides direct and live connectivity between Jewellers and customers. Chat and send messages in real-time. Record communication in one place.
Digital Valuation Certificate Vault A safe and secure repository for your valuation certificates. Keep your records of your precious items up top date Always ready to send to your insurer or jeweller. Maintain a list of jewellery items and track the value. Your digital valuation certificate Vault becomes your store of value of your watch and jewellery items.
Validation, Advice and Market Prices In addition to creating the valuation certificate, the platform provides direct links to exchange rates, gemstone pricing markets, laboratories and industry experts. AcuVal provides all of the information you need for an accurate valuation.
Valuation methodology with added intelligence Build a valuation fast and accurately, using our database of information and guides.
Use our predictive text algorithm to help build your valuation certificate.
Get advice from a global network of laboratories, gemologists and valuation experts.
Benefit from a library of valuations and historical data.
Valuations and Certificates AcuVal is a platform that provides an easy way of building up a valuation for a jewellery item and providing a printable certificate. Create and manage valuations and valuation certificates.
Connecting Jewellers and Customers The platform provides direct and live connectivity between Jewellers and customers. Chat and send messages in real-time. Record communication in one place.
Digital Valuation Certificate Vault A safe and secure repository for your valuation certificates. Keep your records of your precious items up top date Always ready to send to your insurer or jeweller. Maintain a list of jewellery items and track the value. Your digital valuation certificate Vault becomes your store of value of your watch and jewellery items.
Validation, Advice and Market Prices In addition to creating the valuation certificate, the platform provides direct links to exchange rates, gemstone pricing markets, laboratories and industry experts. AcuVal provides all of the information you need for an accurate valuation.
Valuation methodology with added intelligence Build a valuation fast and accurately, using our database of information and guides.
Use our predictive text algorithm to help build your valuation certificate.
Get advice from a global network of laboratories, gemologists and valuation experts.
Benefit from a library of valuations and historical data.
If you've ever gone through the process of shopping for an engagement ring, you'll know there can be an overwhelming number of things to consider.
Aside from the look and style of your ring, you quickly start to learn an awful lot about diamonds, from the cut, to the colour and clarity.
What you may not know is most diamonds in Australia over the last 10 years have been laser inscribed with a serial number likened to a 'fingerprint' -- which makes it easier to trace should the unfortunate event that your engagement ring is lost or stolen ever take place.
This code in turn makes your ring a 'low risk' theft item because it's easy for police to trace it. But don't go pulling your ring off your finger to check for that little serial number just yet.
The code is inscribed directly onto the girdle of the diamond which is quite difficult to get to when it's in a setting and it can't be seen with the naked eye either, having to be checked under a microscope instead.
The laser inscription can only be seen under a microscope. Image: Supplied
Speaking to 10 daily, Roy Cohen, a diamond expert from Certified Diamond Insurance, said this spot was specifically chosen instead of on the engagement ring band as this could be lost if it was melted down. Yet removing the code from the diamond itself is near impossible.
"It cannot be removed unless the diamond goes back to a diamond polishing factory where it is put back on the wheel and polished off. I mean, there are very few diamond polishing factories in Australia so the chances of that happening are very remote," Cohen said.
"It’s even harder than for example, the engine number of a motor car. They could just machine it off. I mean, anyone could do that. But with a diamond? No. Only diamond cuts diamond."
A close up of a laser inscription code. Image: Supplied
This process of inscription is completed by Certified Diamond Insurance (CDI) who are in partnership with a Australia’s leading diamond certifier, Diamond Certification Laboratory of Australia (DCLA), as well as the Woodina Underwiting Agency.
Together they're working towards driving the costs associated with insuring diamonds down for Australians, with new research finding almost half of Australia diamond engagement rings aren't insured. If they are, 70 percent of these have inadequate insurance as they're usually lumped with other items as part of home contents insurance.
"If you go and get household insurance, you’ll be paying a standard kind of rate and because they cover everything, you’ll be paying slightly higher premiums," Cohen said.
"What we’ve done is we’ve pulled out all certified diamonds that are laser inscribed and we only ensure those diamonds. These are the lowest risk diamonds."
Laser inscribed diamonds are considered 'low risk' diamonds. Image: Supplied
According to Cohen, these diamonds are a 'thief's worst nightmare' because they often aren't able to tell if it has been laser inscribed or not.
"Thieves can get caught so much easier with this type of diamond. If they go and sell that to a hock shop and it has the laser inscription on it, it is very easy to identify that that diamond has been stolen," he told 10 daily.
So how can you check if your diamond has the laser inscription on it or not? According to Cohen, it's as easy as checking your diamond certification certificate.
"Most diamonds that are of value are sold with diamond grading certificates in Australia and most of those are laser inscribed," he said.The certificate will make note that the diamond has been laser inscribed and it will have the number that’s on the actual diamond.
Yet while most diamonds now have the laser inscribed code on them, if your engagement ring happens to be an heirloom or has been passed down through the family, it likely doesn't. The upside is CDI are offering complementary diamond grading and laser inscription for diamonds owners in this situation.
"So if anybody wants take advantage of the lower premiums that CDI is offering and the diamond is not certified and not laser inscribed, we will actually do that for them," he said.
"The diamond gets removed from the setting, the diamond is graded, laser inscribed and then set back in the setting. Then it is eligible for CDI insurance."
Roy Cohen. Image: Supplied
CDI are further working on establishing a nation wide data base where individuals can register their ring along with it's details and pictures. Should the ring ever be lost or stolen, it can then be flagged in this system, making it easier to locate.
"Then wherever it ends up or if it’s ever checked against that data base or it ends up at a diamond grading laboratory, it will be identified," Cohen said.
"So the benefit is, let's say it was a heritage diamond from your grandma or something like that, you actually have a chance of getting the diamond back."
If you've ever gone through the process of shopping for an engagement ring, you'll know there can be an overwhelming number of things to consider.
Aside from the look and style of your ring, you quickly start to learn an awful lot about diamonds, from the cut, to the colour and clarity.
What you may not know is most diamonds in Australia over the last 10 years have been laser inscribed with a serial number likened to a 'fingerprint' -- which makes it easier to trace should the unfortunate event that your engagement ring is lost or stolen ever take place.
This code in turn makes your ring a 'low risk' theft item because it's easy for police to trace it. But don't go pulling your ring off your finger to check for that little serial number just yet.
The code is inscribed directly onto the girdle of the diamond which is quite difficult to get to when it's in a setting and it can't be seen with the naked eye either, having to be checked under a microscope instead.
The laser inscription can only be seen under a microscope. Image: Supplied
Speaking to 10 daily, Roy Cohen, a diamond expert from Certified Diamond Insurance, said this spot was specifically chosen instead of on the engagement ring band as this could be lost if it was melted down. Yet removing the code from the diamond itself is near impossible.
"It cannot be removed unless the diamond goes back to a diamond polishing factory where it is put back on the wheel and polished off. I mean, there are very few diamond polishing factories in Australia so the chances of that happening are very remote," Cohen said.
"It’s even harder than for example, the engine number of a motor car. They could just machine it off. I mean, anyone could do that. But with a diamond? No. Only diamond cuts diamond."
A close up of a laser inscription code. Image: Supplied
This process of inscription is completed by Certified Diamond Insurance (CDI) who are in partnership with a Australia’s leading diamond certifier, Diamond Certification Laboratory of Australia (DCLA), as well as the Woodina Underwiting Agency.
Together they're working towards driving the costs associated with insuring diamonds down for Australians, with new research finding almost half of Australia diamond engagement rings aren't insured. If they are, 70 percent of these have inadequate insurance as they're usually lumped with other items as part of home contents insurance.
"If you go and get household insurance, you’ll be paying a standard kind of rate and because they cover everything, you’ll be paying slightly higher premiums," Cohen said.
"What we’ve done is we’ve pulled out all certified diamonds that are laser inscribed and we only ensure those diamonds. These are the lowest risk diamonds."
Laser inscribed diamonds are considered 'low risk' diamonds. Image: Supplied
According to Cohen, these diamonds are a 'thief's worst nightmare' because they often aren't able to tell if it has been laser inscribed or not.
"Thieves can get caught so much easier with this type of diamond. If they go and sell that to a hock shop and it has the laser inscription on it, it is very easy to identify that that diamond has been stolen," he told 10 daily.
So how can you check if your diamond has the laser inscription on it or not? According to Cohen, it's as easy as checking your diamond certification certificate.
"Most diamonds that are of value are sold with diamond grading certificates in Australia and most of those are laser inscribed," he said.The certificate will make note that the diamond has been laser inscribed and it will have the number that’s on the actual diamond.
Yet while most diamonds now have the laser inscribed code on them, if your engagement ring happens to be an heirloom or has been passed down through the family, it likely doesn't. The upside is CDI are offering complementary diamond grading and laser inscription for diamonds owners in this situation.
"So if anybody wants take advantage of the lower premiums that CDI is offering and the diamond is not certified and not laser inscribed, we will actually do that for them," he said.
"The diamond gets removed from the setting, the diamond is graded, laser inscribed and then set back in the setting. Then it is eligible for CDI insurance."
Roy Cohen. Image: Supplied
CDI are further working on establishing a nation wide data base where individuals can register their ring along with it's details and pictures. Should the ring ever be lost or stolen, it can then be flagged in this system, making it easier to locate.
"Then wherever it ends up or if it’s ever checked against that data base or it ends up at a diamond grading laboratory, it will be identified," Cohen said.
"So the benefit is, let's say it was a heritage diamond from your grandma or something like that, you actually have a chance of getting the diamond back."
Unlike other insurers, we only insure certified diamond jewellery. As the diamond experts, we appreciate the worth of your diamonds and guarantee to replace them like for like if not better if they are ever lost or stolen.
Value Assurance
We combine superior knowledge in the diamond and insurance industries to create market-leading cover at the right price.
Accurate Claims
Your claim is overseen by diamond experts and vetted by a leading diamond laboratory, ensuring your replacement is of the same quality.
World-class Partners
Your insurance is backed by Lloyds, the most trusted name in insurance the world over.
Identification Recovery
Since your diamond is certified, we’ll also register and ID your diamonds, increasing the possibility of recovering them.
Unlike other insurers, we only insure certified diamond jewellery. As the diamond experts, we appreciate the worth of your diamonds and guarantee to replace them like for like if not better if they are ever lost or stolen.
Value Assurance
We combine superior knowledge in the diamond and insurance industries to create market-leading cover at the right price.
Accurate Claims
Your claim is overseen by diamond experts and vetted by a leading diamond laboratory, ensuring your replacement is of the same quality.
World-class Partners
Your insurance is backed by Lloyds, the most trusted name in insurance the world over.
Identification Recovery
Since your diamond is certified, we’ll also register and ID your diamonds, increasing the possibility of recovering them.
