Warranty news and trends

Extend CEO: Extended Warranties Can Reassure Consumers In A Post-Pandemic World
eCommerce // June 19, 2020

The global pandemic has digitized consumers’ purchase patterns, as ordering online from the safety of one’s home suddenly feels a good deal safer from a public health viewpoint. And as Extend CEO Woody Levin told Karen Webster in a recent discussion, customers aren’t only buying...

Upsie Raises $5M For Revamped Warranty Program
Investments // May 29, 2019

Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service,...

Amazon Gearing Up To Take On Insurance In Europe
Amazon // November 13, 2017

Amazon may be moving deeper into its European product insurance venture, according to news from Reuters. Amazon Protect extends warranty protection beyond what is offered by manufacturers on items like smartphones and washing machines that are purchased through Amazon.com – typically extending warranties from the...

WEX Brings Warranty Partnership To Europe
B2B Payments // May 12, 2017

Corporate payments company WEX is broadening its existing partnership with warranty management software company PCMI Corporation. The companies announced Thursday (May 11) that they are expanding their collaboration from the U.S. and into Europe. WEX integrates its single-use electronic claims payment technology into PCMI’s system...

Interviews & Exclusives
Extend CEO: Extended Warranties Can Reassure Consumers In A Post-Pandemic World

June 19, 2020
The global pandemic has digitized consumers’ purchase patterns, as ordering online from the safety of one’s home suddenly feels a good deal safer from a public health viewpoint. And as Extend CEO Woody Levin told Karen Webster in a recent discussion, customers aren’t only buying more online; they’re also changing where they’re going to purchase […]

Quick Reads
Upsie Raises $5M For Revamped Warranty Program

May 29, 2019
Warranty service company Upsie has raised $5 million in new funding, led by True Ventures. Techstars Ventures, Matchstick Ventures, The Syndicate Fund, M25 and angel investor Marc Belton also participated in the round. Minneapolis, MN-based Upsie will use the new funding to revamp its service, which aims to offer warranties for 70 percent less than […]

Amazon Gearing Up To Take On Insurance In Europe

November 13, 2017
Amazon may be moving deeper into its European product insurance venture, according to news from Reuters. Amazon Protect extends warranty protection beyond what is offered by manufacturers on items like...