I’ve written quite a bit about this, but it has been in the news a lot, and does affect our clients. In the view of many, the takeover of one of our last mutual insurers by US venture capital is unlikely to be a good thing; and, whatever’s said now, will lead to its break up to profit vested interests. Just when you thought things couldn’t get murkier, low and behold, yet another vested interest pops into the story. It does seem at the moment that, if you dig beneath any big business deal, someone connected to the Conservative party stands to make money. But really…
“Amazon invades financial services with home insurance launch”
Amazon, like Musk, and Branson before them both, can afford to try lots of stuff and fail at some.