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Big tech makes move into insurance space

Amazon website on screen
Photo: Getty Images

Amazon’s move to set up an insurance comparison service will send ripples through financial services sector.

Amazon will make use of its huge pool of data to provide a comprehensive insurance policy comparison service. Ageas is among the first to announce that its home insurance policies will be sold through the new Amazon Insurance Store using a new product called ‘Ageas Select’. Policies from the Co-op