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MCE Insurance moves to Stripe for card payments

MCE Insurance Ltd, the UK based motorcycle insurance broker and specialists in salvaged motorcycle and parts sales through their Green Parts and offers claims management services recently signed a new partnership with Stripe to deliver their card payments online. 

 

MCE Insurance moves to Stripe for card payments f

Stripe is one of the world’s fastest-growing economic technology companies whose mission is to increase the GDP of the internet. This works hand in hand with MCE’s drive to create a Friction Free world of insurance through many digital initiatives and transformations across their business.  

MCE moved to an online-only model last summer and hasn’t looked back. With all customer’s now purchasing online they want to have the most efficient and secure payment system, which also had additional fraud identifiers. Stripe ticked all the boxes. 

MCE’s CEO Julian Edwards said:

“I’m really excited to be working with Stripe for our online card payments. We want customers to have the easiest possible journey when purchasing or making change so a system like this fit’s us perfectly. So many people do all their shopping on their mobile now and that includes buying insurance. I’m happy to say we’ll be able to offer Apple and Google pay through Stripe which is a great move forward.”

About MCE

Established in 1975, MCE Insurance Ltd is a UK based broker who is one of the UK’s leading motorcycle insurance providers. MCE also specialises in salvaged motorcycle and parts sales through MCE Green Parts and offers claims management services.    

For further enquiries, contact: james.davey@mceinsurance.com

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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e2e Total Loss Vehicle Management [e2e] is the UK’s only salvage and automotive recycling network with nationwide, environmentally compliant sites delivering performance resilience and service reliability to the insurance and fleet markets.  The network’s online salvage auction www.salvagemarket.co.uk drives strong salvage resale values and faster sales.  e2e’s salvage clients have access to the network’s stocks of over 5 million quality graded, warranty assured reclaimed parts. 

The power of the network model means e2e has the ability to influence industry standards and is committed to continually raising the bar whilst redefining the role and perceived value of the salvage operator.  Network members adhere to robust service level agreements, against which they are audited, in order to ensure performance consistency and a market leading customer experience.  

The salvage and recycling operating environment is evolving rapidly, and e2e is anticipating, listening and responding to changing market needs.  Regulatory compliance, ESG, reclaimed parts, customer experience, EVs, new vehicle technologies, data and reputation risk are just some of many considerations linked to the procurement of salvage services.  e2e will drive further added value to clients and members through the adoption and application of emerging technologies, continuing to differentiate its proposition and position salvage services as a professional partnership. 

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