Insurance by subscription
HSBC is leading the way with ‘Select and Cover’ a product that offers seven types of cover in one subscription.
The news item HSBC launches subscription-based insurance product in UK quotes the HSBC Insurance UK CEO Mark Hussein. In the article he says “Select and Cover will redefine the way our customers buy insurance.”
Richard Warlop, Global Head of digital, wealth and insurance at HSBC, outlined the motivation behind this product in an interesting article, Ahead and behind the digital transformation curve.
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