News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

6WIND is coming to MWC Las Vegas, helping CSPs reduce Energy Consumption by Two-thirds!

6WIND

6WIND, a leading high-performance virtualized & cloud-native networking software company today announced their participation at MWC Las Vegas. 6WIND deliver high-performance and secure Virtual Service Router (VSR) Solutions, which are deployed bare-metal, virtualized, or containerized on COTS servers in private and public clouds. 6WIND VSR Solutions help reduce the carbon footprint by lowering the energy consumption by two-thirds, cost effectively without sacrificing performance by drastically reducing the hardware servers required. 6WIND VSR solutions; vPE, vCSR, vSecGW, vCGNAT, vBorderRouter & vCPE, have proven their energy saving capabilities and their impact on reducing the carbon footprint. These solutions deliver high performance, security, scalability, flexibility, openness and agility, to global CSPs, MNOs, Cloud Providers, Data Centers and Enterprises. These are deployed bare-metal, virtualized, containerized or cloud-native on COTS servers in private and public clouds. At MWC Las Vegas, 6WIND will show case its VSR, Cloud Native and Host Acceleration solutions on booth no. W2.952. 6WIND will demonstrate how they can help reduce the cardon footprint by two-thirds with their VSR solutions! 6WIND will also present a Tech Talk on Sept 29 at 11am, where they will share how CSPs can accelerate their virtualized and cloud native journey whilst lowering their energy consumption by two-thirds! More details here. “We are very excited to be present at MWC Las Vegas as these events provide an excellent platform for us to showcase our offerings to our target audience. At 6WIND we are proud to be a Green Tech company, contributing to the reduction of CO 2 within our eco-system. We are helping CSPs, MNOs and Cloud Providers to build efficient, competitive and sustainable networks with our VSR solutions. We look forward to meeting with our customers and prospects at this leading industry event.” commented Julien Dahan, CEO, 6WIND. About 6WIND 6WIND is a green tech virtualized & cloud-native networking software company and the worldwide leader for Virtual Service Router solutions. 6WIND software is deployed globally by CSPs, MNOs, Cloud Providers, Data Centers & Enterprises, allowing them to replace expensive hardware & build their new 5G networks with virtualized networking software solutions for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris - France, Santa Clara, CA - USA and Singapore. Social follow - LinkedIn & Twitter www.6wind.com Contact Details 6WIND Neelam Bahal, VP Global Marketing +44 7805 090701 neelam.bahal@6wind.com Company Website https://www.6wind.com

September 12, 2022 09:00 AM Eastern Daylight Time

Article thumbnail News Release

OPPO joins the Open 3D Foundation to spur the development of 3D graphics on mobile devices

OPPO

SHENZHEN, CHINA - Media OutReach - 12 September 2022 - OPPO today announced that it has officially joined Open 3D Foundation (O3DF), part of the nonprofit Linux Foundation, as a Premier member. Founded in 2021, the O3DF was created to promote cooperation and pooling of resources among developers by supporting open-source projects in 3D graphics, rendering, and game development. The O3DF's flagship project is the Open 3D Engine (O3DE) — a cross-platform, open-source engine capable of powering AAA games and cinema-quality 3D worlds. The O3DF counts 25+ other leading technology companies, including Adobe, Amazon Web Services, Intel, and Microsoft, among its supporting members. By joining the Foundation, OPPO will not only contribute to the development and adaptation of 3D graphics technology for mobile devices but will also boost the performance of 3D graphics on them by working with other industry leaders. As part of its commitment to the O3DF, OPPO will actively participate in the O3DF Governing Board and its Technical Advisory Committee. OPPO will also join the effort of creating a working group specialized in the adaptation and development of the O3DE on mobile devices. "Today, 3D graphics technology has become an essential element of modern society, with application domains ranging from visual effects, gaming, and medical imaging to the next-generation content like Metaverse," said Hansen Hong, Director of OPPO Software Technology Planning. "We are excited to join the Open 3D Foundation as a Premier member at the early stage of its development. Through our collaboration within the Foundation, we are eager to contribute to the Open 3D Engine with mobile platforms as our focus. Together with the Mobile Device Working Group, we will bring smoother and more user-friendly mobile development experiences to O3DE developers while generating more efficient yet immersive and realistic rendering applications for mobile users. " "We're excited to welcome OPPO to the community, and we look forward to its contributions in helping advance 3D graphics standards through the O3DE project," said Royal O'Brien, general manager of Digital Media and Games at the Linux Foundation and executive director of O3DF. "New members like OPPO personify the value of O3DE's modular architecture, which makes it easier for developers to build 3D solutions that combine the technologies best suited to a diverse set of use cases. Mobile gaming is a great example of how that modular approach fosters extensibility and adaptability from our core technology." The O3DE is a modular, open-source, cross-platform 3D engine with a photorealistic 3D renderer and other features built to power anything from AAA games to cinema-quality 3D worlds and high-fidelity simulations. The engine is licensed by Apache 2.0 and MIT and is available worldwide. The O3DE features a completely modular construction, allowing developers to choose the functions they want according to their needs. Due to its open-source nature and modularity, the engine is highly scalable, meaning developers can add new tools, functions, and development processes to their projects. Meanwhile, its cross-platform compatibility enables interoperability and portability of real-time 3D assets and tools across development environments, unleashing the creativity of artists and developers around the globe. The arrival of OPPO to the O3DF community will help accelerate the development of O3DE features and capabilities specifically for mobile devices, allowing advanced computer graphics features such as ray tracing to be used in more mobile applications. At the Game Developers Conference (GDC) in March this year, OPPO introduced the ColorOS Ray Tracing 3D Wallpaper, successfully bringing interactive ray tracing applications to smartphones for the first time. Users can watch in real-time by tilting the smartphone as virtual light interacts with virtual environments to create shadows, reflections, and other lifelike light effects. Through the O3DF and other initiatives, OPPO will continue to work with developers and partners to seek more Inspiration Ahead, expanding access to technology to enable more people to enjoy a smarter life. Contact Details Media Contact press@oppo.com

September 11, 2022 09:00 PM Eastern Daylight Time

Image
Article thumbnail News Release

VERMILLION'S FASTEST, MOST AFFORDABLE INTERNET OPTION IS BLUEPEAK

Bluepeak

Bluepeak announced it has completed the vast majority of its fiber-to-the-home network expansion in Vermillion, S.D., and now offers higher speeds at better prices than any internet service provider ever has here. By the numbers: Vermillion residents can choose from three internet speed and price tiers: 1 gigabit-per-second (Gbps) for $50/month. 2 Gbps for $65/month. 5 Gbps for $100/month. Businesses can get higher speeds at greater value too, with up to 10 Gbps and customized solutions for different business needs. [Prices include AutoPay and paperless billing.] Why it matters for Vermillion: That’s more speed than any other service provider in town can offer. More than enough data for learning and working remotely or streaming the big Coyotes game! And with Bluepeak, there’s no temporary promotional rate and no hidden fees for equipment. Where can Vermillionaires get this service? As depicted in the service area map, Bluepeak’s fiber network now covers most of the Vermillion city limits, almost all between South Dakota Highway 50 and the Vermillion River. The network also covers areas around the University of South Dakota campus, Vermillion Middle and High Schools, and Jolley Elementary. The final stage of construction is ongoing in the area of Vermillion along West Broadway and East Broadway streets, south of West 8th and West Chestnut streets, and north of Cotton Park. That part of town is on track to have access to Bluepeak service by the end of September. Those interested can confirm service availability at their address on mybluepeak.com. Why Vermillion? Bluepeak believes the size of the town shouldn’t determine the quality of the technology, and the good folks of Vermillion have waited too long for more, better options. In fact, according to broadbandnow.com, 12 percent of consumers in Vermillion only have access to 1 or fewer wired internet providers at their address. Vermillion also ranks in the bottom half of connected cities in South Dakota behind Jefferson, Elk Point, and Beresford. That’s why Bluepeak chose Vermillion as the place to build out their first-ever all-fiber network expansion. That means when you get Bluepeak service in Vermillion, it’s always cutting-edge, fiber broadband technology built to meet users’ needs well into the future. For more information and to sign up for the latest Bluepeak updates in Vermillion, visit mybluepeak.com. About Bluepeak Bluepeak is building a faster, more reliable internet without the things that get in the way of great service - like red tape, hidden fees, and slow response times. Offering up to 5 gigabits of speed for residential customers and 10 gigabits for businesses, Bluepeak is a whole new ballgame - from internet to TV, to connecting every device in a home, to powering a business, Bluepeak not only provides the best fiber connections in the communities it serves, but also meets the growing needs for how its customers live. Contact Details Jesse Granger +1 720-703-4315 mediaqueries@mybluepeak.com Company Website https://www.mybluepeak.com

September 10, 2022 07:00 AM Central Daylight Time

Image
Article thumbnail News Release

Coresight Research Announces Acquisition of Alternative Data Analytics, Expands Service Offerings, Welcomes Daniel Goldberg as Chief Data Strategy Officer

Coresight Research

Coresight Research, a global provider of research, data, events and advisory services for consumer-facing retail technology and retail real estate companies and investors, today announces that it has acquired Alternative Data Analytics, a leading data strategy and insights firm. As part of the transition, Daniel Goldberg, Founder of Alternative Data Analytics, will join Coresight Research as Chief Data Strategy Officer. “Through this acquisition, Coresight Research will significantly increase our data capabilities and further extend our expertise in data-driven research," said Deborah Weinswig, CEO and Founder of Coresight Research. “The buildout of a data advisory practice has been on our roadmap since the launch of our data science operations in Lagos last year, and Coresight Research will now possess an enhanced ability to consolidate and convert data into knowledge.” A renowned figure in data strategy and alternative data, Daniel Goldberg understands the decision-making processes of senior executives. Through Alternative Data Analytics, he has focused on building complex data sets and productizing them for accessibility and monetization. He has spent the last decade implementing data strategies to improve decision making. “Coresight Research’s global reach and corporate-focused client base will provide our data business with a greatly expanded network of clients and data buyers in the retail, retail tech, consumer and real estate spaces,” noted Goldberg. “Additionally, my role as Chief Data Strategy Officer will open up a significant opportunity to meet the expanding need for data products by the firm’s growing client base.” “As corporations accelerate their use of data to improve operational efficiencies, target customers and re-engineer the supply chain, Coresight Research’s enhanced offering—combining new data products and services with its well-established and award-winning research and insights—will be a key differentiator,” Goldberg added. As part of the expansion of its data services offerings, Coresight Research recently launched its Store Intelligence Platform, an interactive, real-time solution for tracking store openings, closures and active store counts as well as accessing additional analytics. The comprehensive platform offers a proprietary view into the changing world of retail real estate and is already driving improved decision making for clients. The offering will be especially valuable in light of the numerous financial and operational challenges that retailers are facing during this period of change in consumer expectations and last-mile delivery models. For more information on Coresight Research, please visit coresight.com. About Alternative Data Analytics With a 100% focus on the alternative data space over the last 10 years, Alternative Data Analytics is among the most experienced, knowledgeable and well-connected data advisory firms in the financial services industry. Alternative Data Analytics is a leading provider of advisory and consulting services to the rapidly growing alternative data ecosystem, working with both data buyers and data/analytics providers, among others. Advising firms on global data strategy, the firm builds in-house data teams; identifies, captures, and centralizes internally generated data; and sources unique third-party alternative data sets (i.e., geolocation, email receipts, global shipping data, social media sentiment, credit cards). Data monetization and go-to-market offerings include product development, data quality assessments, compliance navigation, marketing presentations, and client introductions to data and analytics companies looking to create new revenue streams. About Daniel Goldberg (Founder, Alternative Data Analytics) Before founding Alternative Data Analytics, Daniel Goldberg was founder and CEO of the first alternative data analytics business using email data to come to market and service the buy-side. He also brings 12+ years of Wall Street (sell-side and buy-side) experience, having worked for Hunter Global Investors and Bear Stearns, after starting his career at Ernst & Young. As the senior analyst at Bear Stearns covering the broker, asset manager and financial technology sectors, Daniel was recognized by Institutional Investor Magazine for his outstanding work from 2000 to 2007. He currently serves as an active advisory board member for several alternative data companies and is a regular participant in industry conferences, where he is well positioned to comment on the evolution of the Alternative Data ecosystem and data strategy in general. Coresight Research is a research and advisory firm specializing in the intersection between retail and technology. Established in 2018 by leading global retail analyst Deborah Weinswig, the firm is headquartered in New York, with offices in London, Lagos, Hong Kong, Shanghai and Mangalore (India). The firm leverages its thought leadership and global community to assist retailers, brands, retail technology companies, investors, and retail real estate companies set a winning course through the disruption shaping global retail by providing data-driven research to help clients see around the corners and to stay a step ahead; innovator services including research, events, podcasts, networking, and other services to drive a steepening of the adoption curve; and strategic advisory services to identify and execute strategies to seize innovation opportunities. For more information, visit www.coresight.com. Contact Details Meir Kahtan Public Relations Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website http://www.coresight.com/

September 09, 2022 10:00 AM Eastern Daylight Time

Article thumbnail News Release

VINCUE TO DEBUT IMMERSIVE VIRTUAL REALITY EXPERIENCE

DealerCue Automotive Corp.

DealerCue Automotive Corp., the maker of VINCUE, the unified inventory lifecycle solutions for dealers, today announced it will introduce an immersive virtual reality experience at ASOTU CON. The conference, which runs from September 11-13 in Philadelphia, brings some of the sharpest minds in the auto industry together to collaborate on everything from operations, marketing, technology, leadership, culture, and sales. “VINCUE is a firm believer in the power of innovation, and this is just another way we’re taking our solution to the next level,” Danny Zaslavsky, Managing Partner, VINCUE and Dealer Principal, Country Hill Motors said. “What we’ve worked to create is a viewer's ability to experience the impact VINCUE has for our dealers across the country. You start by visiting VINCUE team headquarters in Kansas City, and then are taken to my dealership to see our solutions in action - then actually get to go into the software.” By harnessing the power of virtual reality, VINCUE is able to show you the platform hard at work in an environment where it has been implemented and is actively increasing turn and driving profit. Viewers will see exactly how the end-to-end solution provides dealers with the comprehensive data they need to make intelligent, data-driven business decisions. “VINCUE was created by dealers for dealers, and remains obsessed with finding ways to help dealers maximize profits and their team’s potential,” Zaslavsky continued. “We’re unlike any other solution on the market today in that we’re able to regularly test new capabilities at my dealership before we roll them out to the rest of our customer base. This enables us to ensure that what we’ve created is top-notch and worth the investment before we even extend the capability.” Dealerships who have put their trust in VINCUE to modernize their operations see real-world results, including: $1,800 average lift per vehicle acquired from private parties 1.4x faster turn on inventory 30% increase in user website traffic $540K annual savings in advertising costs $84K annual reduction in software costs $2M additional gross per year per 100 cars acquired from private parties After ASOTU CON, VINCUE plans to share its virtual reality experience at a number of other scheduled conferences, before eventually making it widely available to the public. Anyone interested in the virtual reality demo before then should contact VINCUE through its website. About VINCUE VINCUE is working to transform the retail automotive software industry by providing dealers with new, innovative end-to-end inventory lifecycle management and market pricing solutions giving dealers access to real-time data and tools in a single system to stock smarter, increase turn, compete effectively, and above all else - maximize profits. Contact Details VINCUE Angela Rizzo +1 913-200-3301 angelarizzo@dealercue.com

September 09, 2022 08:00 AM Central Daylight Time

Video
Article thumbnail News Release

Huobi Group secures license to operate institutional-grade virtual assets trading platform in the British Virgin Islands

Huobi Group

Huobi Group (“Huobi”), one of the world’s leading digital asset service providers, has secured approval from the Financial Services Commission (“FSC”) of the British Virgin Islands (“BVI”), to operate a licensed virtual assets exchange under its subsidiary Brtuomi Worldwide Limited (“BWL”). After all conditions are satisfied, BWL will become the first Digital Asset Trading Platform Operator in the BVI licensed to operate an institutional-grade virtual assets trading platform for both professional and retail investors; this will include licensed financial institutions from all over the world. The trading services to be offered under BWL will include spot (cryptocurrencies such as Bitcoin and Ethereum), derivatives (such as Perpetual and Calendar futures), as well as other innovative products. Huobi Group CFO Lily Zhang said, “This landmark approval makes Huobi the first licensed digital asset exchange for institutional-grade derivative products in the British Virgin Islands. It is a testament to our experience, professional knowledge, and track record in the global cryptocurrency industry.” “We see a huge market opportunity in cryptocurrency derivatives, with perpetual futures accounting for about half of global cryptocurrency trading volumes in 2021. With the growing importance of compliance in the industry, we will strive to meet all regulatory requirements as we expand. Going forward, we will work closely with the British Virgin Islands regulators to develop a suite of licensed trading products and services, and foster the cryptocurrency industry’s growth in the territory,” CFO Zhang concluded. Since the Financial Action Task Force issued the 2019 Public Statement on Virtual Assets and Related Providers, global policymakers have accelerated cryptocurrency-related legislation and regulations. This latest approval by the BVI regulators represents the progress that the British Virgin Islands has made on this front, and indicates their all-around support for virtual assets service providers as a whole. Huobi Group is committed to integrity, innovation, and cooperation in the crypto industry and has established regulated entities in countries and regions such as Japan and Gibraltar. Huobi Group wishes to cater to institutions and professional investors that are looking for regulated partners and access to virtual assets on a global scale. About Huobi Group Founded in 2013, Huobi Group is one of the world'€™s leading digital asset service providers, with tens of millions of users across five continents and 160 countries and regions. We are dedicated to empowering financial freedom and creating new global wealth, having led the cryptocurrency industry in spot, derivatives, and Bitcoin transactions for many years. Our infrastructure, operations and offerings are built on processes and standards that prioritize user safety and industry compliance, backed by strong global customer support underpinned by local expertise. It offers a unique trading environment that is truly customer-first, safe and sustainable for all users, enabling their long-term success. For more information, visit www.huobi.com About Brtuomi Worldwide Limited and the BVI Regulatory Sandbox On April 16th, 2021, BWL was approved by the BVI FSC to participate in the BVI Regulatory Sandbox and recorded on the BVI FSC's Register of Sandbox Participants. In September 2022, Brtuomi Worldwide Limited was approved by the Financial Services Commission to operate as a Digital Asset Trading Platform Operator in the British Virgin Islands and received an Investment Business License. Contact Details Huobi PR team +1 401-244-8310 intlpr@huobi.com Company Website https://www.huobigroup.com/

September 09, 2022 05:12 AM Eastern Daylight Time

Article thumbnail News Release

Genomic Life Achieves 2-Year HITRUST Certification

Genomic Life

(Sept. 8, 2022) – Securing an individual's healthcare data is always a priority. But instilling trust in today’s environment means exceeding expectations with security measures. Genomic Life, a genome management company with a mission of providing genetic testing and personalizing cancer support services, earned HITRUST’s certified status for its information, security, and privacy on its digital Genomic Life platform. According to the 2021 Healthcare Data Breach Trend Report, hacking and information technology incidents targeting outpatient and specialty clinics have grown 41% in the past year. With the healthcare industry becoming more digitally integrated each year, it’s become increasingly critical to protect online healthcare data better. Genomic Life’s achievement of a high-level certification is a new milestone in protecting sensitive member data. Genomic Life completed its annual SOC 2 Type 2 engagements as of July 1, 2020. It recently accomplished a HITRUST and NIST CSF validated assessment as of May 6th, 2022 with a certified report date of August 6th, 2022. “Achieving the HITRUST certification puts us in company with an elite group of organizations worldwide who have also earned this designation,” said Coley Chavez, Vice President, Compliance and Operations, Genomic Life. HITRUST Risk-based, 2-year (r2) Certified status demonstrates that Genomic Life has met federal and state regulations and is appropriately managing risk. The HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls. “In today’s ever-changing threat landscape, HITRUST is continually innovating to find new and creative approaches to address challenges,” said Jeremy Huval, Chief Innovation Officer, HITRUST. “Genomic Life’s HITRUST Risk-based, 2-year Certification is evidence that they are at the forefront of industry best practices for information risk management and compliance.” The genome management program facilitates lifetime access to genomic insights. Members receive genetic tests to prevent disease through proactive genetic screening. The program also helps diagnose diseases more accurately and tailors services and treatments. “Security of our member information is paramount. With our platform, members will have the strongest degree of security measures in place safeguarding their information, providing one less worry for them,” said Karen Ferrell, CEO, Genomic Life. “I’m very proud of our team at Genomic Life who worked hard to attain the certifications that demonstrate the highest standards and that only a few select companies achieve.” ### About Genomic Life: Genomic Life accelerates the transition to genomics to deliver a proactive health ecosystem rooted in affordability, accessibility, and actionability. Understanding an individual's unique genome helps uncover health risks, informs treatment, and personalizes approaches to optimize health. Learn more here. Contact Details The Hoyt Organization Kelly Reynolds +1 310-343-3197 kreynolds@hoytorg.com Company Website https://genomiclife.com/

September 08, 2022 10:09 AM Pacific Daylight Time

Article thumbnail News Release

EVERYTHING YOU NEED TO KNOW ABOUT JEWELRY INSURANCE

Benzinga

How Does Jewelry Insurance Work? A policy for jewelry insurance should include coverage for replacing your jewelry in the event of damage, loss, theft or what is known as “mysterious disappearance.” To purchase a jewelry policy, you will be required to give a few details about the piece as well as have a certified jewelry appraisal. You can learn more about how jewelry coverage operates by reading this in-depth explanation. Is Jewelry Insurance Worth it? Yes. When it comes to protecting the most valuable possessions you own, jewelry coverage is surprisingly affordable and offers complete and total protection. Check for monthly pricing as low as $5. How Much Does Jewelry Insurance Cost? Depending on the value of your jewelry, you can expect the cost of jewelry insurance to range from 0.5 percent to 1.5 percent of the item’s appraised value each year. An engagement ring that costs $10,000, for example, would cost you between $4 and $12 every month. Learn more details about the costs of jewelry coverage here. Do I Need an Appraisal to Apply for Jewelry Insurance? Yes, you’ll need an appraisal when applying for a jewelry policy. To obtain an accurate valuation of a jewelry item, you will need to have the engagement ring or other fine jewelry appraised first. You can get a better understanding of the reasons behind jewelry appraisals as well as the benefits they offer here. Do I Need Jewelry Insurance? A valuable piece of jewelry should be covered by insurance because of the costly expense to replace or repair it. Read this guide to choosing the right policy to make certain that you have the top-notch coverage that best fits your needs. Will Insurance Cover Lost Jewelry? A policy for jewelry should provide coverage in the event that an item is lost, stolen or mysteriously disappears. Unsurprisingly, “mysterious disappearance” is the most typical type of loss. Check out this post that provides a detailed explanation of the jewelry insurance process to acquire a greater understanding of how jewelry coverage functions. How Do I Ship Jewelry and Have it Insured? The United States Postal Service (USPS) provides options for insuring mail, which provides protection against loss or damage to jewelry valued at up to $5,000 while it is being shipped. As long as your jewelry is shipped under receipt, it will be covered by a jewelry policy that is bought separately. Learn more about insurance that covers jewelry as a standalone item here. Is a Watch Considered Jewelry for Insurance? Watches are typically categorized as jewelry. Insurance companies that specialize in jewelry will usually offer protection for timepieces. Watches are considered personal objects and are usually covered by homeowners insurance. However, there are often coverage restrictions, limits and deductibles associated with a typical homeowners’ insurance policy. What is a Deductible for Jewelry Insurance? A deductible is the amount of money that must come out of your own wallet before an insurance company will pay its share of the bill. The standard jewelry insurance policy that BriteCo provides has no deductible, so you won’t ever have to worry about the cost of replacing your lost or stolen piece. Get a quote right now for jewelry insurance with no deductible. Is it Worth it to Insure an Engagement Ring? Yes, especially if you are unable to replace it if it is lost, stolen or damaged. The cost of engagement ring insurance should be between 50 cents to $1.50 for every $100 in ring value, making it an affordable investment to receive protection in most cases. Check how affordable it is for your ring. Will Insurance Cover a Lost Ring? Quality insurance should cover the loss of wedding rings, engagement rings and other jewelry for the most common form of a claim, mysterious disappearance. In general, specialty jewelry insurance is your best bet for coverage of your ring. Beware of homeowners insurance policies that have low coverage limits or a high deductible. Does the Value of My Ring Change Over Time? Yes! It is possible that the price of your ring will change over time as a result of fluctuations in the cost of the metal or the diamonds it contains. Historical evidence suggests that the value of your ring will most likely increase over time. BriteCo automatically updates the value once per year to make sure that you are always covered for the full worth of your ring and that you are insured for up to 125% of the value of your appraisal. Check out its insurance coverage page to view complete details. How Do You File an Insurance Claim for Lost Jewelry? Insurance from a company like BriteCo will replace lost or stolen jewelry. Customers can follow on-screen instructions after clicking on this link. Most claims take fewer than five minutes to make online. The company follows up immediately so that you have a replacement as soon as possible. How Long Will it Take for a Claim to Be Settled? The process of filing a claim only takes a few minutes of your time. BriteCo will get back to you as quickly as possible to start the process of obtaining your repair or replacement. The total amount of time will vary depending on the circumstances of your situation. What Jewelry Does a Homeowners Insurance Policy Typically Cover? The majority of homeowners insurance plans provide coverage for jewelry loss or theft as personal possessions; however, the value of this coverage is often restricted to between $1,000 and $2,000. In most cases, it will not cover your significant other, requires you to pay a deductible, increases the subsequent cost of your policy if you submit a claim and doesn’t offer you the option to decide how your item will be replaced. Find out more about the coverage provided by your homeowners insurance, as well as the reasons why jewelry-specific coverage could be a better choice for you. Is Lost or Stolen Jewelry Covered by Homeowners Insurance? A significant number of conventional insurance plans include coverage for jewelry as a personal item in the event that it is stolen. Additionally, the majority of homeowners insurance policies contain claim limitations, which could mean that more expensive things aren’t always covered. Check with your insurance provider or you consider purchasing stand-alone coverage instead. Learn more about the differences between homeowners coverage and a stand-alone jewelry policy. How Do You Insure an Engagement Ring Without Homeowners Insurance? You can insure your engagement ring with a separate policy through an independent specialty jewelry insurance company. Specialty jewelry insurance should offer better coverage with no deductible compared to most homeowners or renters insurance policies. To learn about insuring your jewelry with a specialty policy versus as an add-on for homeowners, read this evaluation. What is the Difference Between Homeowners Insurance and Specialty Jewelry Coverage? When seeking to buy a jewelry policy, you can add a jewelry item to your homeowners policy through a floater — a supplemental policy purchased along with homeowners or renters insurance (also called an insurance rider). People use a homeowners rider for more expensive jewelry items since most basic homeowners insurance coverage will limit the amount of coverage (under $1,000 to $2,000) and will cover limited perils such as theft. Adding a floater will extend limits to your whole collection and add covered perils specific to your jewelry. A specialty jewelry policy offers alternative coverage that is specifically designed for jewelry items such as engagement rings, necklaces and high-value watches. There are several advantages to specialty jewelry insurance including worldwide coverage for loss, theft, damage and mysterious disappearance. Certain specialty providers such as BriteCo offer enhanced coverage up to 125% of replacement value and no deductibles on its standard policies. It’s also affordable, averaging 0.5% to 1.5% of the appraised value of a jewelry item in annual cost. You could pay as little as $5 a month for an $8,000 engagement ring. Why Choose BriteCo Jewelry Insurance? BriteCo Jewelry Insurance offers you coverage with low-cost premiums for insuring wedding rings, engagement rings and other fine jewelry. Backed by an AM Best A+ rated insurer, BriteCo has coverage for the full value of your ring in the event of loss, theft, damage or disappearance. When making a claim, you avoid out-of-pocket costs with its zero deductible policies while assuring you get up to 125% of appraisal value in a replacement ring. There’s no need to add a personal jewelry insurance rider to your homeowner’s policy to protect your valuables when you can get specialty jewelry insurance coverage from BriteCo that’s fast, easy and affordable. Get a quote at https://brite.co. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 08, 2022 11:57 AM Eastern Daylight Time

Article thumbnail News Release

HOW TO INVEST IN JEWELRY

Benzinga

When it comes to investing in jewelry, you need to keep a few things in mind. First, it's important to get started as early as possible. The sooner you start investing, the better. Make sure you're investing in quality jewelry. Look for pieces that are well made and have a good resale value. Insure and properly store your jewelry. This step will protect your investment in case of loss or damage. By following these tips, your jewelry investment is more likely to be a wise one. What Factors Should You Consider When Investing in Jewelry? Several factors come into play when investing in jewelry. 1. The quality of the piece: Is it well-crafted? What is it made of? You should look for hand-fabricated, custom-made pieces. Machine-fabricated jewelry is not usually of the highest quality. Vintage jewelry pieces are often a good investment along with pieces from recognized brands such as Tiffany, Van Cleef & Arpels, Chanel and Cartier. If considering a ring, look inside the band for a stamp that signifies its origin. 2. The style: Is it classic or trendy? Will it still be in fashion next season? Style is a matter of personal taste as well as what the market values. Investing your time and your money in getting to know what’s hot and what’s not in jewelry should be fun and interesting. Online jewelry industry publications such as National Jeweler and the International Gem Society can help educate you. You can also see what’s selling on jewelry auction sites such as HiBid. 3. The stone: Is the stone rare or common? What about color and clarity? For jewelry with diamonds, assess the large stone or stones first. Understand the 4 “C’s” in terms of quality. Focus on earth-mined diamonds and avoid lab-grown or synthetic diamonds and gemstones since these do not typically hold value over time. Assess a piece with original purchase receipts, Gemological Institute of America (GIA) certificates or other documentation, and obtain a detailed appraisal from a reputable jeweler. 4. The price: How does the price compare to similar pieces? Investing in jewelry, like any other investment, is about building value over time. You will want to invest in a piece that is priced at less than the current market value if possible. That typically means a seller that really wants to or must sell a piece. One strategy would be to work with a trusted jeweler who can provide expertise, advice and assistance in buying an investment piece. Each of these factors will affect the value of the jewelry, so it’s helpful to take them all into consideration when making an investment. With a little education and research, you can find the perfect piece of jewelry that will be beautiful and valuable for years to come. How to Find the Right Jewelry for You As you search for the right jewelry to invest in ask yourself a few questions. What type of jewelry are you interested in? Rings? Bracelets? Watches? Is it something that you would like to wear daily or only wear on special occasions? If you plan on wearing the jewelry on an everyday basis, then you will need to make sure that it is made from high-quality materials that can withstand regular wear and tear. On the other hand, if you only plan on wearing the jewelry on special occasions, then you may be able to get away with investing in more delicate pieces that may be of lesser value. In addition to knowing the type of jewelry you want to invest in, you also need to think about your budget. How much money are you willing to spend on a piece of jewelry? If you are working with a limited budget, then you may want to focus your search on pieces made from less expensive materials such as sterling silver or costume jewelry. However, if money is less of an object, then you can indulge in more luxurious pieces made from gold or platinum featuring high-quality diamonds. Regardless of your budget, investing in quality jewelry can be a wise decision that pays off over time. What Type of Jewelry is Best Suited for Investment? Certain categories of jewelry tend to be good investments. One example is natural or earth-mined diamonds whose value usually goes up over time. Diamonds also have a wide range of price points, so they can be a good investment for people with different budgets. Just be aware that lab-grown or synthetic diamond prices have been coming down dramatically in price over the last few years and are likely not a strong investment option. Certain categories of jewelry tend to be good investments. One example is natural or earth-mined diamonds whose value usually goes up over time. Diamonds also have a wide range of price points, so they can be a good investment for people with different budgets. Just be aware that lab-grown or synthetic diamond prices have been coming down dramatically in price over the last few years and are likely not a strong investment option. Another type of jewelry that can be a good investment is watches. Watches can be rare, and their value can increase over time. Watches also tend to have a high resale value, so they can be a good choice if you're looking to sell your jewelry in the future. Gold is another option that can be a good investment. Gold tends to hold its value well, and it's relatively easy to buy and sell gold jewelry. However, the price of gold can fluctuate quite a bit, so do your research before investing in this precious metal. Is Investing in Jewelry a Hedge Against Inflation? For some investors, gold and silver as precious metals represent a hedge against inflation. In times of volatility in the stock and bond markets, they seek an asset that holds its value as currencies and equities fluctuate. However, investing in gold or silver jewelry is not a particularly liquid asset. It’s about investing in something you enjoy and still building value over time. How to Care for Your Jewelry So That it Retains its Value Over Time Your jewelry is an investment. Whether it was handed down to you or it's something you bought for yourself, you need to take care of it so that it retains its value. First, you should get insurance for your jewelry in case something happens such as loss, theft or damage. You should make sure you're keeping your jewelry in a safe place. A jewelry box or a safe deposit box are good options. Clean your jewelry regularly. You can either take it to a professional or clean it at home using mild soap and water. By taking these steps, you'll help ensure that your jewelry retains its value over time. The Risks and Rewards of Investing in Jewelry Deciding whether or not to invest in jewelry can be a tricky proposition. Jewelry can be a beautiful and luxurious addition to any wardrobe, but it is also a significant financial investment. Before making investment decisions, it’s always good to consult your financial advisor to weigh the risks and rewards. Jewelry is often seen as a safe investment since it can be easily insured and stored. However, the value of jewelry can fluctuate widely, making it a riskier proposition than some other investments. If you do decide to invest in jewelry, do so with caution and insure your pieces against loss or damage. With careful planning and research, investing in jewelry can be a lifelong rewarding experience. Examples of Pieces That Have Increased in Value Over Time Some jewelry pieces never go out of style. Tiffany rings and Cartier necklaces, for example, continue to be highly coveted by fashionistas around the world. Similarly, Rolex watches are renowned for their timeless elegance and are often passed down from generation to generation. Even more traditional pieces like gold jewelry and diamonds have increased in value over time as supply has failed to keep up with demand. For those with an eye for history, art deco pieces have become increasingly popular in recent years. Thanks to their unique design and craftsmanship, these items are now seen as collector's items, fetching high prices at auction. A gem-set, diamond-and-enamel tutti frutti bracelet by Cartier, for example, recently sold for $1.3 million at Sotheby’s, the highest price for any jewel sold in an online auction. Several jewelry pieces for women are considered classic and typically gain value over time, including diamond studs, tennis bracelets, earring hoops and statement rings. You can give them as gifts — or purchase them for yourself — showcasing your good taste while enjoying the value of a solid investment. Whether it's Cartier, Tiffany or Rolex; gold or diamonds; art deco; or something else entirely, you can find plenty of examples of pieces that have become more valuable with time. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 08, 2022 11:56 AM Eastern Daylight Time

1 ... 386387388389390 ... 611