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Dan Andrews Discusses Some Of The Biggest Changes In The Insurance Industry
For this exclusive interview in the FF News Studio, Dan Andrews, Insurance Director at Vitesse PSP Limited sits down for a conversation about the ways that technology continues to impact the insurance industry and the many changes to the industry that have been brought about as a result of new technologies and practices.
“Over the last couple of years, we’ve seen a huge demand for parametric insurance. We’ve seen some of the big players in the Lloyds market specifically provide far more capacity to some of these parametric MGAs that are the first entries into the market.”
“So we’ve seen the likes of FloodFlash, Yokahu, Readycover, K2 and many many more. So we’re seeing more of it as a business. It’s incredibly important that that trajectory continues because in my mind, it’s the only truly consumer-focused insurance product on the market.”
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