Assurant, Inc. (NYSE: AIZ), a number one world enterprise providers firm that helps, protects, and connects main shopper purchases similar to cars, introduced a partnership with Kudelski IoT, a division of the Kudelski Group (SIX: KUD.S), the world chief in digital safety and IoT options. Assurant will supply RecovR as a part of its complete Assurant Car Care suite of car safety merchandise.
Kudelski IoT has developed RecovR, an revolutionary, two-in-one lot administration and theft restoration resolution, which boosts operational effectivity by minimizing stock search time and offering knowledge to optimize automobile reconditioning steps. This empowers gross sales groups to effectively find automobiles, enhancing buyer satisfaction and gross sales effectiveness, all whereas providing seller clients state-of-the-art know-how and an intuitive theft restoration resolution.
This collaboration between Assurant and RecovR introduces further income alternatives to Assurant’s seller clients promoting RecovR whereas addressing the urgent want for theft restoration options given the rising automobile theft charges in america. The Nationwide Insurance coverage Crime Bureau (NICB) reported that over a million automobiles have been stolen in 2022, a seven % enhance over 2021.
The RecovR resolution, supplied to dealerships at no upfront price, delivers a safe and transformative digital resolution for automotive sellers by bettering stock administration and operational price effectivity. With its wi-fi, battery-operated design, the RecovR resolution seamlessly combines cutting-edge communication and a number of positioning applied sciences. This permits automotive sellers to simply set up RecovR and obtain exact place info throughout a variety of situations.
The RecovR platform affords the flexibleness to combine further elements, together with automobile OBDII well being info and key location performance. These enhancements present dealerships with precious knowledge, enabling course of transformation and driving income progress throughout varied areas, together with key retrieval, components, and repair choices.
“Our partnership with RecovR will assist us present revolutionary digital instruments and knowledge our seller clients want in at present’s quickly evolving aggressive panorama. The superior positioning know-how in RecovR brings important worth by way of revolutionary knowledge, safety, and theft restoration capabilities.”
Joshua Sonnier, Assurant vice chairman of worldwide technique realization and product improvement.
Hardy Schmidbauer, Senior Vice President of Kudelski IoT, emphasised the importance of RecovR’s partnership with an business chief like Assurant. “This collaboration accelerates the attain of RecovR to a broader buyer base, enabling Kudelski IoT to concentrate on leveraging its experience in know-how, asset monitoring, and safety to develop its resolution providing for the automotive sector.” Schmidbauer added, “Our purpose is to offer know-how and knowledge that may introduce new income sources and enterprise fashions to the automotive business.”