Unboxed, a sneaker-focused app dedicated to organizing the world's sneaker collections, has entered a new partnership with Assurely, an InsurTech company specializing in innovative insurance solutions. Together, the two companies have launched a new solution to insure Unboxed users' sneaker collections.
As a result of the new partnership, Unboxed will now offer its users a trifecta of services for valuing their sneakers, including evaluation, authentication, and insurance. The new development allows Unboxed to function as an all-in-one solution for sneakerheads seeking accurate valuation and protection of their shoe collections.
“Unboxed solves the huge challenge of knowing the value of your shoes and authenticating them. Unboxed is communicating truth. All the data indicated that this market needed an insurance solution to complement that,” said David Carpentier, CEO, and co-founder of Assurely.
Image Credit: Unboxed
What's Driving This Trend
- Sneaker Insurance Solutions
- InsurTech companies could consider expanding their offerings to include insurance for niche collections and hobbies.
- All-in-one Solutions
- Companies in various industries can explore the potential of offering complete solutions that incorporate valuation, authentication, and insurance services.
- Value and Authenticity Assessment
- There is a growing demand for tools and services that can accurately evaluate the value and authenticity of niche items, presenting opportunities for innovation.
Who This Affects Most
- Insurtech
- InsurTech companies can leverage niche markets, such as sneaker collections, by providing specialized insurance solutions.
- Fintech
- FinTech companies can explore partnerships with valuation and authentication services to provide all-in-one solutions to customers in different industries.
- Collectibles
- Companies in the collectibles industry can expand their business models by offering value and authenticity assessment services, and partnering with insurers to provide protection for collectibles.
