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AMAZON TO OFFER SME BUSINESS INSURANCE

Tech giant Amazon is to offer business insurance to small and medium businesses in the UK, according to broker Superscript.

[caption id="attachment_6983" align="alignright" width="300"] Tech giant to offer insurance to SMEs[/caption]

The move will mark the first time that Amazon has entered the business insurance market in any location, although insurance from third parties has been offered through the platform before.

As part of the 'Business Prime' programme, the deal will allow firms to buy cover, including contents insurance, professional indemnity insurance and cyber cover, underwritten by 'major UK insurers'.

"As businesses come out of the pandemic and gradually resume normality, we want customers to have best-in-class tools to run their businesses," said Molly Dobson Country Manager for Amazon Business UK and Ireland.

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