Written by Mark Andrews on 12 June 2018
Feature first seen in Reinsurance News on 12/06/2018
We have already seen Amazon launch Amazon Protect, its first product protection insurance cover, and partner with Berkshire Hathaway and JP Morgan on employee healthcare. If Amazon chose to target the insurance market more actively, the organisation would have a huge advantage over incumbents – not least due to its formidable brand reputation and large customer base.
Amazon could bypass lengthy questionnaires thanks to the customer data it legitimately holds, and streamline payments through their one-click process. However, the company would come up against difficulties if it endeavoured to move further into the market, such as being hit by more burdensome tax and regulatory requirements, and having to deal with a heavier load on its call centres and customer service operations.
'Putting' Charity First
Written by Altus on 3 October 2018
Altus Consulting, a Bath financial services company has raised nearly £6,000 for the Children’s ward at the Royal United Hospitals Bath.
Reading the signs all wrong
Written by Rory Gravatt on 14 August 2018
The Work and Pensions Committee is missing the point when it asks whether people understand the cost and value for money of their pension products – a recent FCA paper revealed that one third of those who opted for pensions freedoms don’t even understand where or how their money is invested