Why Insurers Should Love, Not Fear, Amazon: Viewpoint

Article 0 Comments Whenever Amazon.com Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing a price comparison website in the U.K. was no different. Incumbents Moneysupermarket.com Group Plc and GoCompare.com […]

Amazon Weighs Formation of UK Insurance Comparison Website: Reuters

Article 1 Comments Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region’s financial services. Three industry executives told Reuters […]

No Reason for Insurer Panic Over Amazon… Yet

Article 0 Comments As the largest U.S. insurers gathered at the Marriott Marquis hotel in Times Square to discuss the prospects for their industry, a threat to that future emerged from the nation’s other coast. Amazon.com Inc., the e-commerce behemoth, is reportedly considering whether to offer home insurance. The Seattle-based […]

After Amazon Conquers Banking, Insurance Could be Next

Article 0 Comments Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger adults and those without checking accounts. This move would build […]