The 1916 Company Partners with Kevin O'Leary's WonderCare for Exclusive Watch Insurance Offering
Clients of The 1916 Company receive instant coverage through
Chubb from Mr. Wonderful's collector-focused insurance service.
The partnership offers collectors and enthusiasts a streamlined solution to insure their luxury timepieces with coverage backed by Chubb, the number one personal lines insurer for high-net worth families in the
The 1916 Company's core value system is rooted in supporting the needs of clients and collectors, offering products and services designed to enhance their watch and jewelry experience. Through this partnership, clients of The 1916 Company can quickly and easily access WonderCare's platform to insure their watches at the time of purchase.
"The thrill of acquiring a new timepiece should be seamlessly matched by the ease of insuring it," said
Clients will benefit from competitive rates and a fully digital, efficient process, allowing them to receive quotes, activate coverage, add newly acquired timepieces to their policy, as well as remove pieces no longer in their collection, and update valuations. All of these actions can be done at the moment of purchase or later, from the comfort of their homes.
"WonderCare offers a simple and effective way to safeguard your watch collection," said
Kevin O'Leary, Chairman of WonderCare, created the platform in response to the challenge of finding an insurance product that truly meets the needs of collectors. "I founded WonderCare to ensure that timepieces are accurately appraised and covered for their replacement value, not a depreciated figure," O'Leary explained, noting that many policies fail to cover an item's replacement value, which could exceed the retail price. "WonderCare offers a nuanced solution to this issue, providing a tech-enabled process that meets the needs of collectors. Through our partnership with The 1916 Company and Chubb's digital protection platform, we aim to equip collectors with the best tools and services to help protect – and truly enjoy – their collections. This relationship is a perfect match, combining my passion for the art of watchmaking and the excitement of collecting."
Shmerler added, "Kevin's profound love for watches and his understanding of the collector's mindset were key drivers for us to establish this partnership. He recently joined us at our Lounge in
As part of this partnership, The 1916 Company will refer clients to WonderCare's platform while maintaining its focus on providing exceptional service and expertise in the luxury watch space. Insurance services, including claims, policy adjustments, and support, will be managed directly by WonderCare and its licensed agents.
To learn more about The 1916 Company's exclusive WonderCare offering, visit www.the1916company.com/partnerships/wondercare, or get a personalized quote in minutes here.
Images available for download HERE.
ABOUT THE 1916 COMPANY
The 1916 Company is the world's leading destination and global community for collectible luxury watches and fine jewelry. Comprising more than 20 boutiques and Collector's Lounges in important watch markets worldwide, The 1916 Company brings together the legacies of WatchBox, Govberg Jewelers, Radcliffe Jewelers, and Hyde Park Jewelers to offer a curated selection of timepieces – both new and pre-owned – by the most respected watch brands, a dynamic media platform, and the support of trusted client advisors. The 1916 Company's vibrant community extends from coast to coast and around the world. www.the1916company.com
ABOUT WONDERCARE
WonderCare is a premium insurance platform built for watch collectors who demand protection as refined as their timepieces. Designed in partnership with Chubb, WonderCare offers seamless, high-limit coverage for luxury watches – whether acquired online, in-store, or through private dealers – ensuring every piece in one's collection is safeguarded with care and precision.
ABOUT CHUBB
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.
Insurance described is offered by WonderCare Insurance Services LLC (
PRESS CONTACTS
The 1916 Company, Caroline Kallman Joffe, [email protected], +1 717 951 2259
WonderCare,
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SOURCE The 1916 Company
