Besides that, the e-commerce giant Amazon is negotiating the creation of a credit card that provides insurance for clients from the small business sector.
Ukr Insurance learned this from the Bloomberg message. It states that Amazon is consulting with banks, including JPMorgan Chase & Co, on the credit card for small business owners who make purchases through this website. The credit card can be supplemented with business insurance offers that will be sold through a specially designed portal.
This news can cause additional talk among insurance industry members who are already concerned about invasion of new technologies and involvement of such external players as Amazon.
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