Amazon preps insurance offering for UK SME business customers

Amazon will soon offer insurance to small and medium-sized UK business customers, marking the e-commerce giant's first business insurance offering in Britain.

Members of Amazon's Business Prime programme will be given access to cover from broker Superscript, including contents, cyber and professional indemnity insurance, which will be underwritten by "major UK insurers".

Members will also be offered a discount of 20% to current rates.

Superscript co-founder and chief executive Cameron Shearer said the insurance industry need to "bridge the divide between insurers and customers" by providing a "quick, smooth buying process that is customer-centric".

Amazon Business UK & Ireland country manager Molly Dobson added: "As businesses come out of the pandemic and gradually resume normalcy, we want customers to have the best-in-class tools to run their business."