FREE Membership Sign in

MENU

Intact-backed insurtech launches insurance with Amazon

By Aurélia Morvan | August 12 2020 04:53PM

Flash | P&C Insurance | Automobile insurance | INTACT | Distribution | Investment | Technology | Insurtech | International

Photo: Freepik

Amazon is advancing into the insurance market via an insurtech backed by firms that include Intact Ventures, an Intact Financial Corporation subsidiary.

This article is reserved to PRO Level subscribers

PRO Level’s multiple privileges

For only $9.95/month

Access to Flash news including: scoops, people on the move, disciplinary decisions, magazine supplements, exclusive reports and financial tables.
Insurance Journal and its original content in paper and digital versions.
Substantial discounts on all of our other products and services, including our annual events.
PRO Level access on Portail-assurance.ca which offers you the same privileges as mentioned above, but in French for the Quebec market.

Advertisement

The most popular in P&C

Regulators release issues paper on connected and automated vehicles

Auto insurance premiums in Canada decrease in late 2020

Commercial insurance: premium pricing still rising

Headlines

RBC’s insurance business declines quarter-over-quarter

Canada Life and Shoppers Drug Mart announce partnership

B.C. regulator identifies investment firms’ compliance deficiencies

Advertisement

Related topics …

Flash

Advisory firm and two employees fined over $750,000

IT system failure at Promutuel: Guy Lecours answers our questions

Full impact of COVID-19 claims on insurers remains to be seen

New level of transparency for global pension funds emerges

P&C Insurance

Insurance council sanctions reps for misconduct related to vehicle export scheme

Commercial insurance: premium pricing still rising

Auto insurance premiums in Canada decrease in late 2020

Regulators release issues paper on connected and automated vehicles

Automobile insurance

General Motors makes inroads into the insurance business

Northbridge's underwriting profit tops $50 million

Desjardins reports positive surplus earnings in the third quarter

Intact promotes UBI offering

INTACT

Giant or not, Intact will continue to make decisions locally

Outperforming the global industry can shield Intact from a hostile bid

Intact passed the $1 billion mark in 2020

10 major transactions from 2020

Distribution

Canadian life insurance application activity down in January

U.S. application activity continues to rise in January

Two US insurers plan to enter Canadian market

RBC Insurance adds par whole life product to lineup

Investment

B.C. regulator identifies investment firms’ compliance deficiencies

Mutual fund net assets pull back in January

Innovation and ESG funds

Fund selectors moving into more model portfolios

Technology

The role of gig employees is growing in financial services

Pandemic will lead to changes in group insurance

Economic impact of new uses of 5G crosses almost all businesses

Pandemic puts a major damper on IT strategies

Insurtech

Foresters teams up with insurtech to create well-being platform

Record Growth in U.S. life insurance activity

Totten and AIG vet appointed Apollo CUO

Insurtech launches stand-alone COVID-19 product

International

2021 rings in costly storms for insurers

Four in ten American households lack financial resilience

Family-owned businesses lagging behind when it comes to sustainability

Study reveals top financial sector risks identified for 2021