WAX

WAX launches a first-of-its-kind commercial insurance program geared toward watch brands and their customers. With a WAX Shield policy, watch brands can extend insurance to customers to protect their pieces against theft and accidental damage post-purchase. Recognizing the specific needs of luxury watch enthusiasts, WAX has strategically expanded our product line with the introduction of WAX Shield. This thoughtful innovation, driven by direct collector feedback, not only caters to individual watch owners but also empowers luxury watch brands with additional layers of protection and assurance as a customer value add. It is a cost effective solution that has been crafted to strengthen the customer relationship and enhance how customers experience their watches. Watch theft is a rising concern for watch owners and brands worldwide, and the value of protection is at an all time high. By implementing WAX Shield, brands directly address this concern and provide customers with the added value of peace of mind embedded in their watches. The launch of WAX Shield is marked by the highly anticipated release of Fleming’s debut Series 1 watch, with insurance powered by WAX. We are proud to lend our services as a complement to the Series 1's phenomenal craftsmanship and design. If you’re a watch brand, regardless of size or price point, interested in WAX Shield, please contact Richard Vinhais or Tucker Hayes to learn more. Image courtesy of Fleming #insurance #watches #commercialinsurance #collecting #watchinsurance #InsurTech #alternativeassets

Great things to come! 🥳

Join us in welcoming the newest addition to our team, Paul Blandford 👏. Paul's role as the Business Development Representative will be to lead WAX's expansion into #Dubai! We are thrilled to have you here and eager to see the great things we will accomplish together 🎉! "For me, collecting is about the story behind the watches, #collectibles more broadly, and the connection I have with the people at each brand. I see my new role at WAX as an extension of this, giving me an opportunity to connect with fellow #collectors and to build on a thriving and extremely knowledgeable community here in #Dubai and the #UAE."

🚀 𝐓𝐡𝐞 𝐍𝐞𝐱𝐭 𝐖𝐚𝐯𝐞 𝐨𝐟 𝐈𝐧𝐬𝐮𝐫𝐭𝐞𝐜𝐡: 𝐏𝐚𝐫𝐭 𝐈𝐈 - 𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐭𝐲 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 🚀 1️⃣ Challenges in Specialty Insurance: 🚀 The specialty insurance sector poses unique challenges in distribution, underwriting, and customer service, requiring a more sophisticated approach compared to earlier Insurtech waves. 2️⃣ Learning from Insurtech Pioneers: 📚 Startups entering the specialty insurance domain can leverage the insights and technological advancements from the first Insurtech wave, enabling them to navigate this new frontier more efficiently. 3️⃣ Opportunities in Modernization: 🌐 The specialty insurance sector offers prime opportunities for Insurtech innovation, particularly in streamlining complex underwriting and distribution processes, enhancing efficiency, and making services more accessible to customers. 4️⃣ Revolutionizing Products and Processes: 🔄 The outdated nature of products in specialty markets, coupled with manual and time-consuming underwriting processes, presents a significant opportunity for technology-driven platforms to revolutionize and modernize the sector, improving speed, efficiency, and customer experience. 👉 Read my full blog post here: https://lnkd.in/gqXuHH_i #insuranceindustry #insurance #insurtech #financialservices #insuranceinnovation #fintech AV8 Ventures Reframe Financial WAX CoverTree Bluezone Insurance