Mobile phone and gadget insurance company Supercover Insurance has expanded its business into Scotland to develop its white-label services.
London based Supercover, which also insure electrical items including MP3 players, computers and satellite navigations devices for businesses and consumers, has appointed Bernie Nunn to develop the business in Scotland.
Nunn will be responsible for seeking new business opportunities for Supercover and will focus on expanding its white-label services and packages for businesses.
Supercover claims its white-label services typically generates a profit of around £30,000 over a 12 month period, based on selling two policies per day 25 days a month.
In addition, Supercover is also now offering automatic data back up of up to 3GB for its customers free of charge. The service allows customers to store downloaded products and applications such as music, pictures, videos and numbers, which can be retrieved in the event of a claim.
Nunn said: “There’s a clear revenue opportunity for resellers; insurance used to be seen as a purchase to resist, but modern-day insurance for 21st century gadgets – phones, MP3 players, PC’s, even SatNavs – doesn’t just insure against the cost of losing, breaking or having an item stolen, it also protects the content.
“Gadget insurance now includes automatic back-up of data and content, and while you can put a price on the cost of, say, music downloads – things like phone numbers, photos and valued content can be priceless and utterly irreplaceable.”