Breaking News

CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan A Third of UK Consumers Would Switch Banks for Wooden Payment Cards

Home » Fintech TV » Dan Andrews – Will Customers Become More Proactive Towards Insurance?

June 19 2023

Dan Andrews – Will Customers Become More Proactive Towards Insurance?

Share this post:

Here we sat down with Dan Andrews, Insurance Director at Vitesse PSP Limited, to explore the change in attitude towards insurance and whether we can expect to see customers becoming more proactive with what they want from insurers.

Vitesse PSP Limited is a payment service provider that specialises in delivering secure and efficient payment processing solutions, empowering businesses to accept and manage payments seamlessly across various channels, enhancing customer experiences and optimising financial operations.

“Consumers are far more savvy when it comes to the selection of insurance providers. We’ve got aggregators and other insurance platforms such as MoneySuperMarket where we can go in and shop essentially, like a supermarket. We can go in and look at who’s the cheapest and, in most cases, it isn’t just about cost. It’s about total coverage on a particular policy.”

“The consumer would be willing to pay a slightly higher premium to obtain the certainty of settlement, should an event occur. In the geopolitical environment we’re in today, the likelihood of such an event happening is greater now than it ever has been.”

People In This Post

Dan Andrews

Vitesse

Companies In This Post

Vitesse