Diamond News Archives

Continental Buying Group (CBG) & Preferred Jewelers International (PJI) selects Zillion as its preferred digital insurance partner

Partnership helps CBG & PJI Member jewelers offer 1-Click insurance savings to consumers in-store or via eCommerce

 

Bay Harbour Islands, FL, September 29, 2020 - Continental Buying Group^[1] (CGB) and Preferred Jewelers International^[2] (PJI), one of the nation's largest and most distinguished buying and retail jeweler member groups, has partnered with leading insurtech, Zillion^[3], for the benefit of its members and their customers. Zillion will be the preferred digital personal jewelry insurer for in-store and eCommerce consumer purchases, and CGB & PJI members benefit from Zillion's one-of-a-kind technology platform.

 

Zillion has Reinvented Personal Jewelry Insurance^[4] through its highly extensible platform, enabling partner jewelers to wow customers with 1-click insurance protection and no upfront payment requirement. Consumers who shop at CBG and PJI member locations can enjoy immediate peace of mind with 1 click from their phone or eCommerce shopping cart, and without the hassle of form completion or waiting hours or days for approval. It's 1-Click goodness with the enhancement of a jeweler's service value after the sale.

 

"We are impressed by Zillion's insurance and technical acumen", said CBG & PJI, CEO, Andie Weinman, and President, Joe Murphy. "After scouring the insurance marketplace for a digital solution, Zillion is the real deal, and only company, to offer effortless and immediate 1-Click coverage for customers in-store and through eCommerce. It is the innovative approach to meeting consumer demands that the jewelry industry and our member retailers seek."

 

"CBG and PJI present the...

The world has entered an era of profound uncertainty, an uncertainty that will only increase as self-reinforcing feedbacks strengthen disrupting dynamics and perverse incentives drive unintended consequences.

(IDEX Online) - An exceptional 119-carat untreated royal blue Burmese sapphire is to be sold by Sotheby's.

The auction house says it's the largest sapphire of its kind it has ever offered.

The legendary Rockefeller Sapphire, which is half the size, sold for $3m in 2001. The 62.02 carat rectangular step cut stone was bought in 1934 by the billionaire John D. Rockefeller Jr from an Indian Maharaja.

The 118.88-ct sapphire (pictured), surrounded by 16.06 carats of pear-shaped diamond, will lead the Magnificent Jewels live sale at Sotheby's Hong Kong on 7 October. 

Burmese sapphires of notable sizes are extremely rare, says Sotheby's, and untreated gems even more so.

Accompanying reports by the SSEF and Gübelin labs says: "A natural sapphire from Burma of this size and quality is extremely rare and thus can be considered a true treasure of nature".

"We are proud to present an exceedingly exceptional 118.88 carat Burmese 'Royal Blue' sapphire, almost double the size of the Rockefeller Sapphire and the largest sapphire of its kind ever to be offered at Sotheby's," said the auction house....

The conclusion is that we are now being presented with an opportunity to build positions in silver investments ahead of the next upleg that is likely to be substantial.