Within the equipment and consumer electronics industries, companies are setting themselves apart from the competition by offering customized extended warranty and insurance protection solutions. These solutions provide additional value to a company’s end users, which in turn generates benefits for the business, such as a diversified revenue stream and enhanced customer lifetime value.
Marsh’s Affinity team works with you to develop extended warranty and protection solutions on equipment and consumer electronics, tailoring coverage that is aligned with your business and customers’ needs.
The products can be delivered on a dedicated digital insurance platform, white-labeled, or embedded at the point of sale. Depending on your requirements, we can integrate the products within your existing ecosystem. This enables a seamless customer experience for placement, claims, data analytics, and reporting.
*Please consult with a Marsh advisor on product availability in your region.
Marsh, the world’s largest insurance broker and risk advisor, is dedicated to helping clients globally manage risk effectively. Leveraging robust technology and data capabilities, Marsh’s long-standing expertise in designing, developing, and implementing innovative and efficient risk solutions across diverse industries and geographies delivers sustainable benefits for clients and empowers them to take advantage of opportunities that foster resilient business growth and expansion.
Examples of affinity insurance programs for consumer electronics include:
Examples of affinity insurance programs for heavy machinery and equipment include:
This is not an exhaustive list and availability may vary by country.
Marsh has an experienced and agile team of affinity insurance experts that will be able to handle the transition of a legacy program to a new plan, while ensuring consistent customer experience.
Marsh operates globally and can draw on our expertise and strong relationships with local, regional, and global carriers. In addition, we have extensive experience working with captives and alternative risk transfer arrangements.
