Amazon Weighs Formation of UK Insurance Comparison Website: Reuters

By and | August 16, 2018

  • August 16, 2018 at 12:03 pm
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    I was once loyal to Amazon, but as they got bigger, the level of service has tanked. The orders that are not fulfilled in-house and instead by Amazon 3rd party vendors have been falling short and I believe Amazon is acknowledging this. There are just as lot of issues right now that they are dealing with as they get too big. They will eventually learn that they cannot be all things to all people. Google tried this same approach and it failed. A number of other players have been hitting hard at this approach without success. The internet distribution model hasn’t worked for insurance regardless to who has tried it, including one of the biggest giants in the internet business. Also the same premise of providing the lowest price has failed over and over again. Many of these companies and even some insurance agents don’t understand that price is not everything to consumer and those who run with price being the only reason why people buy are adding a huge barrier to their success.

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