Entrupy announced a strategic alliance with Jewelers Mutual® Group and JM Insurance Agency Partners to make its AI-powered luxury goods authentication platform available to pawn businesses across the U.S.
Through the collaboration, JM Insurance Agency Partners clients can access Entrupy’s technology to help verify luxury goods at the point of acquisition and lending. The platform uses AI-powered image analysis to review details such as stitching, material texture, hardware and logos, returning authentication results in minutes.
“Authentication and insurance have always been two sides of the same coin for luxury goods,” said Mike Alexander, President at Jewelers Mutual Group. “By bringing Entrupy’s technology to our pawn business clients, we’re giving them a competitive edge, and giving their customers a new standard of confidence when walking through the door.”
The collaboration gives pawn businesses served through JM Insurance Agency Partners access to tools designed to support more confident luxury goods evaluations and customer interactions.
Read the full announcement.