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The AcuVal newsletter provides news and insights into the jewellery world. Latest updates on auctions, market moves and events.
Software for Valuation and Insurance professionals and their Customers
AcuVal is a marketplace for getting a personal assets valued. The software is designed as a mobile application used by valuers and consumers, to connect with each other to get items valued and valuation certificates created easily, fast and cost-effective.
The AcuVal App is a convenient platform used by valuers and jewellers to create valuation certificates for their customers. Initially designed for jewellery and watches, but expanding to all categories of personal assets.
The valuations are used for pre-sale and insurance replacement purposes.
Obtaining a current valuation is not a well understood procedure for most people. It is not straight forward to find the best valuer for the job. It can be expensive, inconvenient and often requires a third party to hold your valuable items for some time.
AcuVal addresses all of these concerns and provides consumers with a personal asset vault to store valuation certificates, as an NFT on the Hedera blockchain. The app also has an asset wallet for consumers to trade assets, or transfer all detailed images and data describing the asset, in secure digital format, for Selling, Estates, Gifting, Bequeathing, and Lending.
Insurance Replacement
A valuation for insurance replacement purposes is primarily a detailed description of the item allowing for an accurate replacement.
The insurance replacement value should be an amount close to that it would cost to replace the exact item, or close as possible if the exact is not available.
This puts the owner or insured back in the same position which they were prior to a loss or damage.
Obtaining a current valuation is not a well understood procedure for most people. It is not straight forward to find the best valuer for the job. It can be expensive, inconvenient and often requires a third party to hold your valuable items for some time.
This is where AcuVal is an essential way of obtaining a valuation and re-valuations each year or as required by the insurance PDS.
A Valuation is the process of determining an accurate value of an asset or item for the purposes of insurance or replacement.
Valuations are the best way to have a detailed record of the components required to recreated, or replace precisely the described item.
AcuVal provides a smart interface to building a valuation and then generating a signed certificate.
AcuVal also provides templates, and historical information on valuations to increase speed and accuracy of producing the final certificate.
After certificates are created, they are stored on the platform for access, to be used for insurance, or trading your item.
AcuVal is deigned to be used by both owners of items and jewellers, valuers and allied professionals.
25.07.2024
What started as an idea , in September 2020, to improve an internal process, is proving to be a popular platform used by everyone in the Jewellery industry, as well as owners of jewellery and watches.
Over 7000 valuations completed on AcuVal and growing each day.
The AcuVal mobile application is designed for all types of users: Jewellers, Laboratories, Valuers, Insurers, Customers, Lenders and anyone else involved in the business of owning, selling and enjoying jewellery.
AcuVal will help you maintain the value of your item, whether it is for insurance purposes, knowing the value of your assets or trading.
21.8.2024
The AcuVal valuation application synchronises with the Insurance portal, myportal.insure, and provides a solution for maintaining on going valuation for contents insurance policies.
Please enquire on how AcuVal assists Brokers and their customers with valuations and insurance.
Broker can setup an insurance portal, using MyPortal.Insure. the portal is embedded system that provides a white label technology platform linked to underwriters and providing a full process for writing policies, sending invoices, collecting payments, claims, Endorsements.
MyPortal.Insure synchronises with AcuVal for customer asset management and ongoing valuations, maintaining accurate insurance premiums, and solving issues at time of claim.
25.07.2024
AcuVal is expanding to other categories besides jewellery and watches.
These categories include: Art and Electronics. stay tuned for more on the next release of the software which will include these features.
AcuVal is used for valuations and claims in the insurance industry for household contents.
21.8.2023
AcuVal is built on the Hedera blockchain, www.hedera.com, providing an immutable record of valuations.
Assets added to customers personal digital asset vaults, have an NFT minted. The NFT records all transaction, invoices, images, and documents for each asset.
This information is always available on the blockchain and accessed via the AcuVal application.
The AcuVal newsletter provides news and insights into the jewellery world. Latest updates on auctions, market moves and events.
ABN: 21 651 442 376
Address:
Suite 302, Level 3
9 – 13 Bronte Road
Sydney, NSW, 2022
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