Assurant backs BuyBack Booth

Assurant is investing in “Robot-as-a-Service” company BuyBack Booth , a Canadian company founded in 2016 to develop a smartphone diagnostic platform.

BuyBack Booth (team of 6*) provides a hardware solution that leverages AI diagnostic technology to assess a mobile device’s condition and trade-in value. The kiosks include locked vaults and high-definition cameras to prevent shrinkage.

“As the global leader in mobile device trade-in and upgrade, Assurant continuously invests in technology and capabilities to deliver a better experience for consumers and drive toward a higher level of sustainability for our planet. A kiosk-based solution is another example of innovation that Assurant is bringing to the omnichannel retail experience for our carrier and retail partners globally. As consumers continue to drive trade-in volumes with upgrades to 5G devices, we look forward to deploying this solution to further improve the already industry-leading customer experience we provide for carriers, retailers and their customers.” – Biju Nair, president of Global Connected Living & Head of International at Assurant.

“With more than 30 years of kiosk experience and 7 years applying this knowledge in the mobile device space, we’re confident that we have the right fundamentals and technology needed to deliver breakthrough solutions through our partnership with Assurant. I look forward to partnering with Assurant to bring our innovative solutions to wireless carriers and retailers around the world.” – Tony Mastronardi, CEO of BuyBack Booth.

* According to Director of Marketing at BuyBack Booth, Julie Crossman, “there are definitely more than six people in the company.” But she doesn’t think it is necessary at this time to state the number of people.