Asset Management & Insurance Platform For Sneakers

Solesafe is a modern, digital platform delivering an automated underwriting solution specifically designed for sneakers. The company’s insurance solution provides real-time data to accurately and instantly quote, appraise, and authenticate every sneaker insured on the platform

Asset Management & Insurance Platform For Sneakers

About The Client
Solesafe is a modern, digital platform delivering an automated underwriting solution specifically designed for sneakers. The company’s insurance solution provides real-time data to accurately and instantly quote, appraise, and authenticate every sneaker insured on the platform.

Industry
InsurTech, USA

Asset Management & Insurance Platform For Sneakers_About us

The Business Need

The client saw an opportunity to be a first-mover in offering sneaker insurance for the market and also wanted to take advantage of device-specific functionality including taking pictures of the sneakers and submitting the claims data for processing.
The insurance carrier was looking for a mobile digital platform to streamline claims submissions for priced sneakers and improve insurance accessibility with smartphones.

The Approach

The insurance carrier partnered with Scalex to develop a mobile application platform that demonstrates mobile’s ability to satisfy claim submission requirements and re-invent the user experience for sneaker owners.
The app allows sneaker owners to make claims by selecting the coverage options against damage or loss caused due to theft, fire, flood, earthquake, hurricane, or other specified perils, offer quotes, calculate the total cost, online payment processing, and much more.
Scalex utilized its vast knowledge in the insurance industry to build an application that digitizes the entire insurance process and provided all-around coverage for any eventuality that can cause damage to expensive sneakers.
Through close collaboration with the customer, Scalex owned the entire product development process and helped the customer to achieve their business goals.

The Impact

By leveraging the most advanced and innovative technologies, the native application transforms and enhances the user experience for sneaker insurance claim transactions, providing the insurance carrier with market differentiation in a highly competitive industry.
The client has adopted a digital transformation approach with provided mobile solution, allowing the company to strengthen relationships with its customers and partners and set a standard for innovative digital insurance solutions.

Tech Stack