TLDR:
- Embri is an embedded InsurTech platform designed for luxury retail
- The platform aims to provide seamless insurance solutions at the point of sale
Embri, a pioneering embedded InsurTech platform, has launched to cater to the luxury retail sector. The London-based firm offers integrated and embedded insurance solutions tailored for high-end luxury retail, aiming to revolutionize how insurance is provided to customers. By seamlessly integrating insurance offerings into the purchasing process, both online and in-store, Embri addresses a gap in the luxury retail market where customers often purchase high-value items without immediate insurance coverage. The platform enables buyers to insure their purchases with just one click at the point of sale, enhancing the customer experience and unlocking new revenue streams for retailers. Embri’s embedded insurance is hyper-tailored to the luxury item being purchased, saves time and effort for retailers and customers, and provides peace of mind in the face of rising theft of high-end watches and luxury goods. The platform’s consumer-centric approach focuses on quality, security, and convenience, streamlining the insurance purchasing process and ensuring appropriate insurance cover is in place to protect purchases.