April 29, 2013 — Leading mobile anti-theft, recovery and security software provider, Inhance Technology, based in Cork, Ireland, opens its US office in Cambridge, Massachusetts this month to support US sales, marketing and clients. Inhance Technology drives mobile device insurance profitability, supporting; CE retailers, warranty and insurance providers with unique technology that complements their offerings with highly advanced data security and device recovery programs.
With a growing customer base in North America and Canada including; Best Buy, AmTrust Warrantech, AIMIA, Global Warranty and CPP Groups, Inhance is the only mobile security provider of its kind, singularly focused on the warranty and insurance markets with its programs increasing attach rates and customer retention while also helping to eliminate fraud.
Sales of smart devices are growing by about 21% per year according to IDC. This is driving massive growth in mobile device insurance, as consumers have concerns of; identity theft, losing valuable content, cost of replacements and bank account details being intercepted. However, traditional mobile device insurance needs to evolve as it is not meeting the needs of consumers and there is a high cost of claims for providers.
Inhance Technology’s software, which can be customized for specific retailers, enables tracking and securing phones, laptops and tablets, allowing consumers to lock down their device anywhere in the world. The software offers the ability to; capture a picture of the surrounding area when the device is lost or stolen, activate a scream feature that emits a screeching sound to alert people nearby of a problem, and also allows users to wipe the device completely if needed.
Paul Leahy, Director of Global Business Development, Inhance Technology, will head up the North American office with a growing client support and sales team. “We are excited at the prospect of providing North American and Canadian customers with our unique and compelling offering,” stated Leahy. “Furthermore our location will assist our Central and South American strategies” “We believe that we can derive success by enabling our customers to be more successful themselves. We will accomplish this by providing technologies that enhance the value of our customer’s offering. It’s a win-win situation, specifically engineered for the times in which we live.”
About Inhance Technology
Inhance Technology is a market leader in mobile device anti-theft and recovery, parental control, data and malware solutions. Headquartered in Cork, Ireland, the company has developed a wide range of anti-theft and security solutions for smart phones, tablets & laptops. Inhance Technology works with leading Insurance & Warranty companies, telecom operators, consumer electronics retailers and OEMs all over the globe. Specializing in white label solutions that provide partners with fully integrated enterprise level business solutions including multi-language customer support, training and marketing support, Inhance Technology creates a tangible, relevant product for consumers – enabling clients to attract and retain mobile insurance customers and reduce the potential cost of fraudulent claims.