Revolutionising ecommerce with a low-cost way to replace damaged, lost or stolen orders quickly, with no fuss
Fashion Returns Insurance for Retailers
Working exclusively with Back, an AI powered returns and eCommerce platform that is pioneering a unique verification journey that solves a trillion-dollar challenge. They are accelerating retailer profitability and circularity, setting a new standard for the eCommerce industry around the world.
Reduce Risk. Boost Confidence. Protect Profits.
In today’s fast-paced e-commerce world, returns are inevitable—but they don’t have to be costly. Our Fashion Returns Insurance helps retailers minimise financial losses while providing customers with a seamless, stress-free shopping experience.
Why Choose Fashion Returns Insurance?
- Protect Your Margins – Avoid the high costs of excessive returns while maintaining flexible policies.
- Enhance Customer Trust – Offer hassle-free returns without risking your bottom line.
- Increase Sales – Confident shoppers buy more, knowing they have secure return options.
- Simplify Risk Management – We cover return-related losses, so you can focus on growing your brand.
Protect Your Profits,
One Return at a Time
Shoppers are more likely to trust and buy from retailers, when they understand and trust their returns policy.
The acceleration of online shopping, developments in payment methods, and the trend of fast fashion have brought the returns problem into focus. Some online platforms see as much as 50% of products sent back by consumers,
What’s driving the trend? We identify several factors behind the rise in returns:
– ‘Bracketing’ is the action of purchasing the same garment or item in multiple sizes or colours, then returning the items that don’t suit
– Free returns make it easier for consumers to pursuing bracketing
– ‘Wardrobing’ involves buying items to wear once (sometimes for use in social media pictures), and then returning them
In fashion ecommerce, up to 50% of items purchased online are returned. That’s nearly $218 billion globally in lost revenue each year. It’s not just about getting products back; it’s about lost sales, dissatisfied customers, and an increasingly expensive return process.
Seamless Integration – Our insurance solution easily integrates with your existing return policy. Customizable Coverage – Tailor protection based on product categories, return rates, and business needs. Guaranteed Reimbursement – Get reimbursed for eligible returns, reducing financial strain.
Data-Driven Returns Experience
The technology allows retailers to tailor the returns experience based on customer profiles instead of blanket return polices, creating a unique return journey.
More profitable:
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Get in Touch Today to learn how we can tailor a returns insurance plan for your business!
Who Can Benefit?
Online fashion retailers
Brick-and-mortar stores with e-commerce channels
Luxury and high-end fashion brands
Fast fashion and subscription-based clothing services
Let’s Make Returns Work for You
Stop seeing returns as a liability—turn them into an opportunity. With Fashion Returns Insurance, you can provide a superior customer experience while safeguarding your revenue.