Insurance

Many of today's insurers issue paper vouchers to claimants to allow them to replace lost, damaged or stolen goods. Increasingly though, Insurers and the retailers who work with them to provide a complete replacement service, are moving away from paper vouchers in favour of stored value cards. Not only is it more cost effective to run a card based system but also, there is less fraud, less shrinkage, cards also offer greater brand building opportunities and they offer a better experience for the recipient.

PrePay Technologies Insurance Card solution is a significant step forward in the way in which insurance claims are handled and settled and is today used by two of the UK's leading retailers, Debenhams and COMET.

PrePay Technologies Insurance Card solution can be used to service a wide range of insurance needs: 

• Homeowner/content insurance 
• Car Insurance ­ emergency access to a range of services upon activation 
• Act of God ­ flooding, etc (emergency access to a range of accommodation, emergency products) 
• Employee compensation card

If you would like to find out more about the solutions that we offer in your market sector, please call us at +44 (0) 2070 344 344