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Assurant Announces Device Trade-in Service for Lloyds Banking Group

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Assurant (NYSE:AIZ) has partnered with Lloyds Banking Group to provide mobile and device trade-in services to their customers, offering a secure and environmentally friendly way to recycle old devices and receive cash payments. Customers of Lloyds Bank, Halifax, and Bank of Scotland can now sell their unwanted devices via dedicated websites.
Assurant (NYSE:AIZ) ha stretto una partnership con Lloyds Banking Group per fornire ai loro clienti servizi di permuta di dispositivi mobili, offrendo un modo sicuro ed ecologico per riciclare vecchi dispositivi e ricevere pagamenti in denaro. I clienti di Lloyds Bank, Halifax e Bank of Scotland possono ora vendere i loro dispositivi indesiderati tramite siti web dedicati.
Assurant (NYSE:AIZ) se ha asociado con Lloyds Banking Group para proporcionar servicios de intercambio de dispositivos móviles a sus clientes, ofreciendo una forma segura y respetuosa con el medio ambiente de reciclar dispositivos antiguos y recibir pagos en efectivo. Los clientes de Lloyds Bank, Halifax y Bank of Scotland ya pueden vender sus dispositivos no deseados a través de sitios web dedicados.
애슈런트(NYSE:AIZ)는 로이드 뱅킹 그룹과 파트너십을 맺고 고객들에게 모바일 및 기기 매입 서비스를 제공하여, 오래된 기기를 친환경적으로 재활용하고 현금 지급을 받을 수 있는 안전한 방법을 제공합니다. 로이즈 은행, 할리팩스, 스코틀랜드 은행의 고객들은 이제 전용 웹사이트를 통해 원치 않는 기기를 판매할 수 있습니다.
Assurant (NYSE:AIZ) a formé un partenariat avec Lloyds Banking Group pour fournir à leurs clients des services de reprise de mobiles et d'appareils, offrant une manière sécurisée et écologique de recycler de vieux dispositifs et de recevoir des paiements en espèces. Les clients de Lloyds Bank, Halifax et Bank of Scotland peuvent désormais vendre leurs appareils indésirables via des sites web dédiés.
Assurant (NYSE:AIZ) hat sich mit der Lloyds Banking Group zusammengetan, um ihren Kunden Dienstleistungen für den Inzahlungnahme von Mobilgeräten anzubieten, wodurch eine sichere und umweltfreundliche Möglichkeit geboten wird, alte Geräte zu recyceln und Bargeldzahlungen zu erhalten. Kunden der Lloyds Bank, Halifax und der Bank of Scotland können nun ihre unerwünschten Geräte über dedizierte Websites verkaufen.
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LONDON--(BUSINESS WIRE)-- Lloyds Banking Group have partnered with Assurant (NYSE:AIZ), a leading global insurtech, to offer mobile and device trade-in services to their Lloyds Bank, Halifax and Bank of Scotland customers via dedicated websites.

It can be hard for consumers to keep up with the conveyor belt of new tech available on the market, often leaving older devices untouched and languishing in a drawer, as people aren’t sure how to dispose of them safely.

Assurant and Lloyds Banking Group have teamed up to solve this problem, giving customers a secure, environmentally friendly way of recycling unused devices – plus a cash payment for doing so.

Customers of Lloyds Bank, Halifax and Bank of Scotland will have access to dedicated websites* where they can sell old and unwanted mobile phones and gadgets. By answering a few quick questions about their device customers will be given a valuation and, if they’re happy with the offer, Assurant will arrange for the device to be sent to them, free of charge. Following receipt and verification, the payment for the device will be made within 48 hours.

Assurant’s European trade-in programs paid out more than £8 million to customers for their old devices in 2023, at an average of £125 for each device – so device trade-in is an easy way for people to earn a little extra cash.

Tech trade-in also plays a role in a more sustainable future, significantly reducing the number of mobile phones and electrical devices needlessly going to landfill. Assurant reconditions devices received from customers, keeping as many in circulation as possible. In the last five years, Assurant have repurposed and extended the useful life of over 22 million devices, equating to:

  • Diverting over 4,000 metric tons of electronic waste from landfill
  • Avoiding approximately 1.2M metric tons of CO2 emissions in the production of new devices

Lloyds Banking Group spokesperson said: “We’re pleased to be the first bank to offer a device trade-in service as, by introducing this option, we’re putting money back in people’s pockets and helping them make a more sustainable choice when clearing out their old devices.”

Chris Woolnough, UK Managing Director at Assurant, said: “We are proud to partner with Lloyds Banking Group, one of the UK’s largest financial services organizations, and aligning to our shared mission to support a low-carbon economy. This partnership strengthens our commitment to delivering sustainable solutions and driving positive change for our customers.”

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About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other products.

Learn more at assurant.com.

*Lloyds Bank device trade in 
Halifax device trade in 
Bank of Scotland device trade in

Lorraine Doherty

lorraine.doherty@assurant.com

Source: Assurant, Inc.

FAQ

What partnership was announced in the press release involving Assurant (NYSE:AIZ)?

Assurant (NYSE:AIZ) announced a partnership with Lloyds Banking Group to offer mobile and device trade-in services to their customers.

How will customers of Lloyds Bank, Halifax, and Bank of Scotland benefit from the partnership with Assurant (NYSE:AIZ)?

Customers of Lloyds Bank, Halifax, and Bank of Scotland can now sell their old and unwanted mobile phones and gadgets via dedicated websites provided by Assurant (NYSE:AIZ).

What problem is the partnership between Assurant (NYSE:AIZ) and Lloyds Banking Group aiming to solve?

The partnership aims to provide customers with a secure and environmentally friendly way to recycle unused devices and receive cash payments for them.

Assurant, Inc.

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