Great news for luxury collectors in Hong Kong—KoverNow has officially launched its digital insurance platform on both iOS and Android, making it easier than ever to protect luxury items and collectibles!
KoverNow is excited to announce the launch of its fully digital insurance platform on iOS in Hong Kong. Built for collectors with specialized coverage, the app provides seamless insurance solutions for high-value items such as luxury watches, jewellery, and handbags, combining convenience, speed, and security—all in one place.
Hong Kong is proving to be a magnet destination for the world’s top auction houses. Christie’s is moving its regional HQ to the new Henderson skyscraper this month, while Sotheby’s, Bonhams and Philips are all establishing themselves in the city. The reason, it would seem, is that to counteract the global slowdown in art sales, the auction houses are hoping to attract the ultra-high end of the Asian market who they believe are active in Hong Kong.
Singapore has long been associated with luxury, and the market for high end goods continues to thrive. According to Mordor Intelligence, the market is projected to register a CAGR of 4.64% between 2022 and 2027.
KoverNow has been accepted into Hong Kong’s digital technology flagship and key incubator, Cyberport.
