Assurant Partners with BuyBack Booth to Bring New Innovation to Retail Device Trade-in Programs
07 September 2022 - 02:30PM
Business Wire
Leveraging BuyBack Booth’s kiosk technology
enables Assurant to extend its portfolio of industry-leading
trade-in technology to include a low-cost, best-in-class
self-service solution designed specifically for carriers and
retailers
Assurant (NYSE:AIZ), a leading global business services company
that supports, protects and connects major consumer purchases,
today announced its new strategic partnership and investment in
“Robot-as-a-Service” company A La Carte Media Inc. dba as BuyBack
Booth (“BuyBack Booth”). This exclusive partnership is aimed at
driving innovation, an expanded and improved customer experience,
and better economics for retail mobile device trade-in programs
offered by wireless carriers and retailers.
BuyBack Booth provides an innovative, scalable hardware solution
that leverages AI diagnostic technology to quickly and accurately
assess a mobile device's condition and trade-in value. Designed
with security in mind, the kiosks include locked vaults and
high-definition cameras to prevent shrinkage. This strategic
partnership further expands Assurant’s leading device trade-in
technology portfolio and adds BuyBack Booth’s state-of-the-art
kiosks as a customer option when powering omnichannel trade-in
programs for wireless carriers and retailers.
“As the global leader in mobile device trade-in and upgrade,
Assurant continuously invests in technology and capabilities to
deliver a better experience for consumers and drive toward a higher
level of sustainability for our planet. A kiosk-based solution is
another example of innovation that Assurant is bringing to the
omnichannel retail experience for our carrier and retail partners
globally. As consumers continue to drive trade-in volumes with
upgrades to 5G devices, we look forward to deploying this solution
to further improve the already industry-leading customer experience
we provide for carriers, retailers and their customers,” said Biju
Nair, president of Global Connected Living & Head of
International at Assurant.
Assurant and BuyBack Booth have designed an industry-leading,
compact, low-cost, self-service, retail solution for trade-in
programs and in-store diagnostics. These kiosks can readily be
incorporated into an existing trade-in ecosystem, including online
journeys and point-of-sale platforms, providing a seamless
omnichannel experience. Consumers can start their trade-in online,
with a rep or at the kiosk and, no matter how they started, they
now have the option to use the kiosk to complete the process,
providing the consumer with maximum flexibility while freeing up
sales staff to focus on selling new services and devices.
“With more than 30 years of kiosk experience and 7 years
applying this knowledge in the mobile device space, we’re confident
that we have the right fundamentals and technology needed to
deliver breakthrough solutions through our partnership with
Assurant. I look forward to partnering with Assurant to bring our
innovative solutions to wireless carriers and retailers around the
world,” said Tony Mastronardi, CEO of BuyBack Booth.
About Assurant Assurant, Inc. (NYSE: AIZ) is a leading
global business services company that supports, protects, and
connects major consumer purchases. A Fortune 500 company with a
presence in 21 countries, Assurant supports the advancement of the
connected world by partnering with the world’s leading brands to
develop innovative solutions and to deliver an enhanced customer
experience through mobile device solutions, extended service
contracts, vehicle protection services, renters insurance,
lender-placed insurance products and other specialty products.
Learn more at assurant.com or on Twitter @AssurantNews.
About BuyBack Booth BuyBack Booth has developed the
first-ever automated kiosk used specifically to offer accurate,
reliable, and objective diagnostic results. BuyBack Booth is a RaaS
(Robot as a Service) provider to the smartphone ecosystem. Their
App-to-Booth technology easily integrates with any existing
trade-in program, producing accurate diagnostics and condition
validations right where the customer needs it the most.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220907005116/en/
Press contact Andy Mus Director, External Communications
andy.mus@assurant.com 770.763.1694
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