O-LOCKER: India’s leading Jewellery Insure tech startup for jewellery buyers

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Your jewellery is not only a thing of beauty, but also one of your most valuable assets. Jewellers as well as Jewellery Buyers are always worried about the safety of their jewellery, against the risk of loss due to snatching, burglary, etc. We all take the utmost care of our jewellery items, even by putting them in our bank lockers. However, we simply ignore the fact that jewellery kept in Bank lockers also does not guarantee its safety with the rising number of cases of bank lockers being broken.

And this is when it triggers! This is when we get even more worried about our jewellery!!

WHY O-LOCKER?

That’s where niche insure tech players like O-Locker come in!!

O-Locker is a powerful tool designed for every Jewellery owning Indian. O-Locker provides subscription services with a built-in custom insurance plan that protects jewellery owners from losses due to a lot of commonplace situations like theft, robbery, natural calamities etc., in turn, giving them the freedom to wear Jewellery with peace of mind.

Milind Shethia,  Co-founder & CMO at O-Locker, says: At O-Locker, we believe Women if given an option, would wear and Flaunt their Jewellery rather than just keep it in a safe. Our comprehensive insurance program provides them with the freedom to do precisely that. Additionally, we provide a few very well thought out and intuitive tools like Jewellery portfolio management, market value tracking, digital document locker and will creation tool for a Jewellery owner.

Services at O-Locker have been designed in a user-friendly way allowing its user easy access to their O-Locker  Account with claim registration and tracking features. Additionally, they can digitize their entire Jewellery portfolio, record its whereabouts & track market value as well as keeping in line with daily changing gold prices.

Once you have bought jewellery covered with an O-Locker subscription you can avail of all these services at a click of a button at www.olocker.in .

MORE ON JEWELLERY INSURANCE

1) Jewellery Insurance compliments and supplements the trust of Jewellery’s purchase value, by providing an insurance equivalent to its invoice value.

2) The insurance plan covers the losses to jewellery while it’s being used by immediate family members of the jewellery buyer.

3) Jewellery retailers are of the view that they are offering something very meaningful to their customers. In fact, the novelty value of insurance has helped them, by generating very strong word of mouth publicity. At the same time, offering value-added services is in sync with the demand for current times and trends where new-age buyers assign a lot of value to After Sales service features like Insurance.

Why Jewellers  are offering  O-LOCKER Jewellery Insurance for Free:

Gold jewellery hallmarking is now compulsory. With all retailers offering hallmarked jewellery, the promise of pure jewellery is no more a compelling selling point for retailers. With a plethora of exhibitions and the opening up of the jewellery trade, even the designs are more commonly available across many retail stores now.

Hence, to regain and maintain a competitive edge, retailers are willing as well as forced to offer good customer experience and services demanded by new-age buyers. What better than O-locker then, as it ensures the safety of the customer’s Jewellery and allows her to experience her jewellery to its fullest. With a large number of settled claims & happy jewellery buyers, O-Locker has established its utility credentials already.

Responsible And Smart Jewellers are giving O-Locker Jewellery Insurance complimentary to their customers with a jewellery purchase. These retailers have understood the emotional connect which women have with their jewellery. With O-Locker’s promise of safety they can claim that they care for their customers’ well-being long after they have left their store. With rising gold prices, this promise of safety is certainly worth its weight in gold. As a matter of fact, many claimants have re-purchased jewellery from the same retailers out of the claim money received by them.

With the Plug and Play platform developed by O-Locker, for offering Jewellery Insurance this facility is now easily available for every customer-focused retailer irrespective of his size.

With over

98% claims settled  | 850+ Retail partners | 600000+ Policy Holders | 18 States Covered

And 3000 Cr+ insured Jewellery  value

The Co-Founders,  Manish Ranka  & Milind Shethia,  are constantly innovating and aim to bring more unique features and services for the Jewellers& jewellery buyers.

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