identifying property that has been stolen, facilitating its return, and by ensuring that adequate insurance coverage is offered that reflects the user’s actual needs.

The platform, through the associated mobile apps, can provide law enforcement, insurance provides and even secondhand dealers with near real time information on the status of an item. If it is found to be stolen or lost, then it can be returned to the owner who is notified of its location. In the case of hotels, universities or hospitals, a lost item can be found as the item just need be scanned to notify its owner that it has been found. Unlike traditional property marking that concentrates on an owner number, the Retrieveit platform allows for the transferring of ownership of an item between users which also adds to the active user base.

Unlike traditional insurance marketing, retrievit starts with the things people own. This approach provides a finer understanding of user needs and allows the targeting of new policies to fill gaps in user policy profile. It is set to position the organization within developing markets such as South East Asia in advance of user insurance demand.