Amazon Building Capability – Preparing To Have A Real Crack At Mainstream Insurance?

Amazon has announced a partnership with Netradyne - known for its fleet safety platform Driveri that captures and analyzes 100% of driving time, identifying areas for improvement as well as driver recognition opportunities. Check out the video - https://lnkd.in/gBbrdB4 Additionally, Amazon Web Services has launched 5 new services that help industrial and manufacturing customers embed intelligence in their production processes - gathering data that is no doubt useful for risk assessment, product definition and pricing. These also open the way for 'education and mitigation' services. Add to this Amazon's activity in India with digital insurer Acko, payment platforms and massive customer reach and small business reach. If I was a mainstream insurer, I would be preparing for Amazon emerging as a serious competitor in home, auto and SME insurance, and related services. Read more.

Source: Coverager