| 词条 | SquareTrade |
| 释义 |
| name = SquareTrade Inc. | type = Subsidiary of Allstate | logo = Square_Trade_logo.svg | logo_size = 250px | area_served = United States United Kingdom Finland | location = San Francisco, California | foundation = 1999 | key_people = Ahmed Khaishgi (CEO & Co-founder) Steven Abernethy (Co-founder & Executive Chairman) | products = Consumer Electronics and Appliances Warranty | homepage = {{URL|https://squaretrade.com}} (US) {{URL|https://squaretrade.co.uk}} (UK) {{URL|https://squaretrade.fi}} (Finland) }} SquareTrade Inc. is an extended warranty service provider for consumer electronics and appliances[1] headquartered in San Francisco's SoMa district. Dispute resolution servicesCo-founded in 1999 by Steve Abernethy and Ahmed Khaishgi, SquareTrade launched as the first online service for resolving e-commerce disputes. Working with online marketplaces such as eBay, the company utilized an online negotiation tool to automate the dispute resolution process between sellers and buyers. Between 1999 and 2001, SquareTrade raised $15M from JP Morgan Partners, Weston Presidio Capital and Draper Richards. That same year, the company launched a merchant-verification service, the SquareTrade Seal.[2][3] Both original services have since been discontinued.[4] Warranty servicesIn 2006, SquareTrade began providing consumer protection plans for portable devices, appliances, and other electronics, both on-line and through large retailers. PC Magazine listed it as number 93 in its list of the best 100 web sites of the year.[5] In 2012, Bain Capital and Bain Capital Ventures announced they were investing $238 million in the company, marking the second largest venture capital deal of the year.[6] The company's underwriter has been AmTrust Financial Services, Inc., but as of 2013, SquareTrade was shifting toward Starr Indemnity.[7] SquareTrade was acquired by Allstate in late 2016, for $1.4 Billion[8] joining Allstate suite of consumer asset protection services. LawsuitA class action law-suit was filed late 2016 against SquareTrade for selling protection plans to customers for products that are not eligible for coverage, where customers would only find out when filing a claim.[9] References1. ^{{cite news|url=http://www.ebony.com/career-finance/is-it-worth-it-to-insure-your-iwhatever-999#axzz32wkdhHdV|title=Is It Worth It to Insure Your iWhatever?|last=Ramsey|first=Donovan X.|date=May 22, 2014|work=Ebony|accessdate=27 May 2014}} 2. ^{{cite book|last=Collier|first=Marsha|title=Starting an eBay Business For Dummies|url=https://books.google.com/books?id=tI-RLqG5-zkC&pg=PA106|accessdate=27 May 2014|date=2007-08-27|publisher=John Wiley & Sons|isbn=9780470230312|pages=106–}} 3. ^{{cite book|last=McGrath|first=Lissa|title=20 Questions to Ask Before Selling on EBay|url=https://books.google.com/books?id=xsJHBkY5NBMC&pg=PA56|accessdate=27 May 2014|date=2006-01-01|publisher=Career Press|isbn=9781564148544|pages=56–}} 4. ^{{cite book|last=Cortés|first=Pablo|title=Online Dispute Resolution for Consumers in the European Union|url=https://books.google.com/books?id=kdWsAgAAQBAJ&pg=PA149|accessdate=27 May 2014|date=2010-09-13|publisher=Routledge|isbn=9781136943508|pages=149–}} 5. ^{{cite web|url=https://www.pcmag.com/slideshow_viewer/0,3253,l=253515&a=253510&po=93,00.asp |title=The Top 100 Web Sites of 2010 |publisher=PC Magazine |date=2010-08-16 |accessdate=2013-04-03}} 6. ^{{cite web|url=https://venturebeat.com/2012/12/28/top-venture-capital-deals-2012/ |title=Top 15 venture capital deals of 2012 |publisher=Venture Beat |date=2012-12-28 |accessdate=2013-04-03}} 7. ^{{cite news|url=http://www.warrantyweek.com/archive/ww20131017.html|title=Appliance Service Contract Underwriters, 17 October 2013|date=17 October 2013|work=Warranty Week|accessdate=27 May 2014}} 8. ^{{Cite news|url=http://www.chicagobusiness.com/article/20170104/NEWS01/170109952/allstate-just-shelled-out-1-4-billion-for-a-money-losing-company|title=Allstate just shelled out $1.4 billion for a money-losing company|work=Crain's Chicago Business|access-date=2017-08-11}} 9. ^{{Cite news|url=http://legalnewsline.com/stories/511064808-squaretrade-hit-with-class-action|title=SquareTrade hit with class action|last=Reformado|first=Wadi|access-date=2017-08-26|language=en}} External links
3 : Companies based in San Francisco|Insurance companies|1999 establishments in California |
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