Chubb Underwriter Earns Jewelry Diploma from Gemological Institute of America
WARREN, NJ, June 15, 2006 - Janece White, who heads jewelry underwriting for the Chubb Group of Insurance Companies, has received an Accredited Jewelry
Professional Diploma from the Gemological Institute of America. GIA is the world's largest and most respected non-profit organization
for gemological research and training.
"We congratulate Janece on receiving an honor which is unique in the insurance industry," said Frances O'Brien, worldwide
underwriting manager, Chubb Personal Insurance. "The AJP diploma deepens Chubb's expertise in insuring the world's finest
collections of wearable art."
White has been a jewelry underwriter since 1976. Previously, she worked for Allstate Insurance Company and Royal Insurance
Company. She joined Chubb in 1984 and began specializing in high-net-worth clients with jewelry schedules with values greater
than $1 million.
White is knowledgeable about diamonds, rubies, emeralds, sapphires and the retail jewelry industry, including operations,
pricing and sales techniques. Insurance agents, brokers and customers benefit from her expertise in jewelry handling and care,
valuations, and product and fashion trends.
"I have always been very passionate about jewelry," said White. "Now I can help Chubb customers, independent agents and brokers
make jewelry purchase and care decisions based on logic versus just emotion."
"The value of jewelry rarely goes down, and over time, jewelry may be worth significantly more than you think," added White.
"With De Beers increasing the price of rough diamonds by 5 percent to 10 percent each year and the price of fancy colored
diamonds and colored gem stones skyrocketing, it's extremely important to revalue individual pieces and collections regularly."
Chubb is a worldwide leader in insuring jewelry, as well as fine homes, automobiles, yachts, antiques and other collectibles,
and personal liability. Chubb's Masterpiece® Valuable Articles policy provides significantly broader jewelry coverage than homeowners policies, which typically carry
jewelry limits of between $1,000 and $5,000.
The member insurers of the Chubb Group of Insurance Companies form a multi-billion dollar organization providing property
and casualty insurance for personal and commercial customers worldwide through 8,000 independent agents and brokers. Chubb's
global network includes branches and affiliates in North America, Europe, Latin America, Asia and Australia. Additional information
on Chubb can be found at www.chubb.com/personal.
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