CES 2019: Where the Complexity and Risk of Consumer Technology Meet

Topics: Small Business

Consumer technology is getting incredibly complex and interconnected. Consumers are concerned about how to make their technology work, work right and work together, but it’s no easy feat. Other concerns include the security of personal data and accidentally breaking these expensive devices. The risks involved with the ever-changing world of consumer technology grows greater by the day. If something does go wrong, consumer technology brands and retailers have a responsibility to help customers, especially considering the sheer volume of costly devices sold daily.

The consumer technology industry has its own conference, the extremely popular Consumer Electronics Show (CES) produced by the Consumer Technology Association. The yearly conference, held in Las Vegas, is a platform for technology leaders and innovators to connect, collaborate and propel consumer technology to the next level.

AmTrust Specialty Risk Team Heads to CES 2019

CES is a great opportunity for AmTrust to partner with consumer technology brands and retailers to create new insurance solutions that provide peace of mind and security, especially as we become more and more dependent on technology in our daily lives. AmTrust’s Specialty Risk team is heading to Las Vegas for CES to explore how insurance options can enhance the customer experience, especially for companies who focus on consumer technology in the connected home, car and health areas.

AmTrust Specialty Risk is a leading global provider of insurance and reinsurance for manufacturers, distributors, retailers, financial institutions and third-party administrators. Our industry-leading partnerships and underwriting expertise, combined with niche marketing knowledge, allow us to develop customized specialty insurance programs. We have experienced in extended warranty products, extended service plans and accidental damage plans.

About the Consumer Electronics Show (CES)

The 2019 Consumer Electronics Show (CES) runs Tuesday, January 8th to 11th at the World Trade Center Las Vegas. CES is the one of the world’s largest gathering of business leaders, innovators, vendors, exhibitors, speakers and attendees who share the love the business of consumer technology. In 2018, CES had over 180,000 attendees from over 150 countries.

CES showcases more than 4,500 exhibitors from manufacturers and developers to suppliers of consumer technology and delivery systems. Exhibitors range from start-ups to major corporations. The Eureka Park Marketplace at the conference is the startup spotlight area which offers an exclusive opportunity for entrepreneurs to launch a new product or service. In 2018 alone, 1,000 companies showed off their original business models in this space.

In conjuncture with the trade show, attendees can go to the CES conference featuring over 250 sessions with more than 1,000 speakers touching on key consumer technology trends and emerging technologies.

The first CES took place in New York City back in June 1967. Since then, thousands of products have been announced at the yearly show, including many that have transformed our lives. Just a few of the innovations showcased at past CES shows include: the introduction of consumer products such as the VCR (1970), laserdisc player (1974), camcorder (1981), high definition TV (1998), blue-ray DVD (2003), tablets, netbooks and android devices (2010), smart appliances (2011), 3D printers (2014) and virtual reality (2015).

Specialty Risk Protection from AmTrust

AmTrust Specialty Risk offers a comprehensive suite of warranty, extended service and accidental damage plans. Contact us at contactspecialtyrisk@amtrustfinancial.com to give your customers the peace of mind they need. 

This material is for informational purposes only and is not legal or business advice. Neither AmTrust Financial Services, Inc. nor any of its subsidiaries or affiliates represents or warrants that the information contained herein is appropriate or suitable for any specific business or legal purpose. Readers seeking resolution of specific questions should consult their business and/or legal advisors.

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