Protecht Sees Proof of Surging Demand for Live Events and Consumers Desire to Protect Their Experiences

PHOENIX, April 20, 2021 /PRNewswire/ -- Protecht, a leading distributor of insurance solutions for today's online economy, protected nearly $1,000,000 in tickets and registrations on Thursday April 15^th.  The majority of those experiences were a part of the initial on-sale for the 125th anniversary celebration of Cheyenne Frontier Days. The incredible line-up along with the pent-up demand for live events drove the surge of ticket sales, and Protecht was there to offer peace of mind and protect the investment made by the sellout fan base.

"Over the past year, the near absence of live events across the sports and entertainment spectrum has generated enormous pent-up demand, while consumers who experienced economic challenges during this period increasingly recognize that their financial investment in tickets, registration fees and other costs is worth protecting," said Bryan Derbyshire, Protecht CEO.  "The Experience Economy has become central to millions of consumers, and Protecht's technology platforms provide our partners with a broad range of tools that enable consumers to manage the financial risk associated with participating in these events and associated e-commerce.  It's gratifying to see increasing acceptance and deployment of these platforms."   

About Protecht

Protecht, Inc. is a family of companies leveraging embedded technologies to distribute insurance solutions across today's sports, live-entertainment, convention, and e-commerce landscapes. We power our partners with financial and inventory control, security protocols, data analytics, customer engagement, and increased conversions. With over 100 years of combined experience in fraud, risk, insurance, finance and payments, our industry-leading technologies provide a robust economic infrastructure by giving peace of mind for business and consumers, while providing an end-to-end solution for our select insurance partners.

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SOURCE Protecht

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http://www.protecht.io