News & Events : 2008 News
03/04/2008 14:53:45 : Insure and Go Prepaid Card Wins Best Use Of IT in Insurance Award At the FST Awards 2008
Insure and Go Prepaid Card Wins Best Use Of IT in Insurance Award At the FST Awards 2008
Altair Financial Services International Plc (Altair), a prepaid card and transaction processing services provider, and Raphaels Bank, specialist prepaid card issuing bank, has announced that the InsureandGo Prepaid Travel Card program has been selected as the winner of the Best use of IT in Insurance category at the FST Awards 2008.
ID Data produced the base plastic (300,000 cards) followed by personalisation and mailing cards for the launch.
According to Neil Ainger, editor of Financial Sector Technology magazine and chair of the judging panel, said: InsureandGos Prepaid Travel and Claim Card, which was developed with Altair, won the FST Awards 2008 Best use of IT in Insurance trophy because of the innovation evident in the project and its ability to ease customer access to the claims process.
Mike Smith, Director, Raphaels Bank, added: Raphaels Bank is delighted to be working with Altair and InsureandGo on this programme and proud to be associated with another award. The Insurance industry is beginning to wake up to the possibility of using prepaid cards in various ways to support their customer propositions and were pleased to be part of a programme applying IT innovation in this way.