Hello and good day, Matthew Grant here briefly before handing over to Robin Merton's for today's episode.

Well, breaking news in the last week is that Amazon is going to be offering home insurance

in the UK in partnership with the GSLV and the co-op. And they say they are aimed to simplify tedious form-filling,

slimming down the process to get a quote to essential questions only. Well, we hear a lot about

embedded insurance, that's bundling insurance with a product sale,

but there's also the idea of reverse embedded insurance,

which is selling a product of someone that has just bought insurance.

So for Amazon, could this shift to selling insurance be just one step towards selling houses, I wonder?

Well, Collegaraj Shabata joins us today from Stripe to talk about the essential role of payments in the insurance industry. For most of us, how money transfers between different parties,

such as when buying insurance or getting paid a claim, is invisible, although in reality

are all impacted by the higher cost delays and other frustrations that occur when the flow of

money isn't working well. As Collegera explains, Stripe has a very

innovative approach to how it works with customers, and there are lessons for companies of all

sizes here. And we're delighted to be supported by Stripe as one of our in-steck corporate members,

along with other leading companies working together to improve payments. Now, this is just one of

the 15 or so areas that we're seeing true use of innovation

in the application of data and technology that is making a difference in insurance. So contact

me, Matthew Grant or Robin Mertens on LinkedIn or any of us at hello at instech.com.

If you're interested in learning more about what we offer corporate members.

Instech is accredited for continuing professional development by the Chartered Insurance Institute,

and you can earn up to 0.5 CPD hours by listening to our podcast.

You can find the learning objectives on our website, www.com, or in the episode description.

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