SHIELD Insurance is a Shopify app that offers shipping protection and extended warranties for electronic products, covering loss, theft, and damage during delivery while providing coverage beyond the manufacturer’s warranty. The app integrates in a few clicks, charges only 10% of the incremental profit it generates, and typically helps merchants increase net margins by about 15%, keeping 90% of the added revenue.
Funding
Funding not disclosed
Founders
Product
Problem
Shopify merchants selling electronic goods often encounter lost, stolen, or damaged shipments, and the standard manufacturer warranties may not cover all post‑sale issues. These gaps increase customer service workload, generate disputes, and can suppress profit margins.
Solution
SHIELD Insurance offers a Shopify app that bundles shipping protection and extended warranties for electronic products. The app integrates directly into a store’s checkout flow, allowing customers to opt‑in to coverage with a single click. Coverage includes loss, theft, and damage during delivery, as well as warranty extensions beyond the manufacturer’s terms. Merchants receive a risk‑free revenue share model: SHIELD retains only 10 % of the incremental profit generated, with no upfront fees. The solution is optimized for high opt‑in rates and includes automated claims handling to reduce disputes and improve customer trust. A simple, no‑code installation lets merchants activate the service in minutes, and a dashboard provides real‑time revenue and opt‑in analytics.
Target Audience
Primary customers are Shopify merchants who sell electronic products and seek to increase net margins while offering customers reliable post‑sale protection.
Features
- Shipping protection that reimburses loss, theft, or damage of electronic items during delivery
- Extended warranty coverage that supplements manufacturer warranties for added customer peace of mind
- One‑click Shopify app installation with no coding required
- AI‑driven checkout optimization to maximize opt‑in conversion and profitability
- Automated claims workflow that streamlines dispute resolution and reduces support overhead
- Revenue dashboard showing additional profit, opt‑in rates, and protection uptake
- Risk‑free billing model where SHIELD takes only 10 % of the extra revenue generated