Amazon “working with” UK brokers and insurers
Source reveals tech giant is in process of building a panel of brokers but Amazon remains silent as research shows a third of people would buy insurance from ‘BigTech’ firms.
UK insurers are working with Amazon ahead of the technology company’s potential entry into the general insurance sector, Insurance Age can reveal.
A market source stated that Amazon is also in the process of building a panel of brokers.
Insurance Age believes the project has been running at least since the first quarter of this year.
Amazon continued to stonewall saying the business “would not comment on rumour or speculation”.
Disruption
The tech giant, owner of Amazon Alexa which answers
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