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Carpool Conversations At Insurtech Insights Europe With Vitesse’s Dan Andrews
Welcome back to another episode of Carpool Conversations. In this episode, we are joined by Dan Andrews, Insurance Director at Vitesse PSP Limited. Vitesse provides their customers with a single connection to a network of domestic clearing systems, landing full-value payments as quickly as possible.
“We’ve built out a network of correspondent banks in over 170 countries so far, with over 100 currencies supported. What we do is leverage those banks to access local clearing rails, to make real-time payments where there is real-time infrastructure. If there isn’t, then we look to deliver that payment to that country as quickly as possible.”
“Largely speaking, it’s quite a seamless process for us in terms of integrating with our banking partners and pushing those payments through. You could call us a middleman if you like. Our relationship is direct with the insurers, but it’s not necessarily just the insurers. It could be 3rd party administrators, it could be assistance providers. They send us the payment instructions and we push it through to our correspondent banks to process those transactions.”
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- Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood Read more
- 50% of UK Women Still Uninsured: The Gender Gap in Life Cover Read more
- Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights Read more
- Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI Read more
- RedClick Strengthens EIS Partnership to Deliver Simpler, Smarter Insurance Read more
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Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
Socotra Launches MCP Server, Enabling Fast and Secure Integrations with Agentic AI
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RedClick Strengthens EIS Partnership to Deliver Simpler, Smarter Insurance
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American Public Life (APL) Selects Neutrinos to Power Core Modernization Across Group Benefits Business
Neutrinos, a leader in AI-powered intelligent automation for insurers, today announced its selection by American Public Life Insurance Company (APL) to support a transformation of its group benefits business.
RedClick Strengthens EIS Partnership to Deliver Simpler, Smarter Insurance
RedClick, the commercial brand of the Generali Group in the Irish property and casualty insurance market, today announces the continuation of its partnership with EIS and the evolution of its use of EIS OneSuiteTM. This latest phase of the collaboration will support RedClick’s commitment to delivering simple, more connected insurance experiences for customers and partners alike.