Bolt Cover
About Bolt Cover
Provides embedded product protection insurance solutions for retailers, enabling them to offer coverage at the point of sale through online platforms and physical QR codes. This reduces customer service costs, increases conversion rates, and generates recurring revenue through commissions on policy sales and renewals.
```xml <problem> Retailers often struggle to offer product protection to customers, leading to lost revenue opportunities and increased customer service costs related to product failures or damages. Traditional methods of offering protection plans can be cumbersome, resulting in low adoption rates and a disjointed customer experience. </problem> <solution> Bolt Cover provides embedded product protection insurance solutions, enabling retailers to seamlessly offer coverage at the point of sale, both online and in-store via QR codes. This integration allows retailers to generate new revenue streams through commissions on policy sales and renewals, while also increasing customer conversion rates by instilling confidence in their purchases. By offering product protection, retailers can improve customer loyalty and trust, as customers feel more secure knowing their products are protected against unforeseen events. Bolt Cover handles customer claims for accidents and faults, reducing the retailer's customer service burden and associated costs. </solution> <features> - Seamless integration with online stores, allowing retailers to offer product protection in less than an hour - Quick setup for in-store sales, enabling product protection offerings within a few hours - QR codes for physical goods, providing instant access to insurance options - Commission-based revenue model, allowing retailers to earn from each policy sale and renewal - Handles customer claims, reducing the burden on retailer's customer service teams </features> <target_audience> The primary target audience includes retailers looking to increase revenue, improve customer loyalty, and reduce customer service costs, as well as manufacturers seeking to offer product protection directly to their customers. </target_audience> <revenue_model> Bolt Cover generates revenue through commissions earned on each product protection policy sold and renewed through their platform. </revenue_model> ```
What does Bolt Cover do?
Provides embedded product protection insurance solutions for retailers, enabling them to offer coverage at the point of sale through online platforms and physical QR codes. This reduces customer service costs, increases conversion rates, and generates recurring revenue through commissions on policy sales and renewals.
Where is Bolt Cover located?
Bolt Cover is based in London, United Kingdom.
When was Bolt Cover founded?
Bolt Cover was founded in 2023.
- Location
- London, United Kingdom
- Founded
- 2023
- Employees
- 15 employees