In attendance at Money20/20, FinTech Magazine speaks to Cover Genius’ Co-founder and Chief Customer Solutions Officer, Chris Bayley, about the proliferation of cancel for any reason (CFAR) products, and why they’re particularly popular with consumers.
For Bayley, there are a lot of things in people’s lives where risks could be protected. He adds: “Wherever there is a risk from a purchase or activity undertaken, this is the type of risk people are looking to protect.”
From flight bookings to events, CFAR financial products continue to perforate different industries.
You can hear more of what Bayley had to say by watching the video above, or by watching the interview on our LinkedIn page.
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