UK SMBs Can Soon Get Amazon Insurance Coverage

Amazon will soon roll out insurance policies for small- to medium-sized businesses (SMBs) across the U.K., broker Superscript told Reuters on Monday (Sept. 27).

Amazon Business Prime members can buy insurance at a 20% discount to cover cybersecurity, professional indemnity and more from Superscript, which notes the policies will be underwritten by what a Superscript spokesperson called “major U.K. insurers.”

More than half of customers are ready to buy insurance from Big Tech or insurance technology companies, according to a recent Capgemini survey of 12,000 people around the world.

“The (insurance) industry needs to bridge the divide between insurers and customers by providing a quick, smooth buying process that is customer-centric,” Cameron Shearer, co-founder and CEO of Superscript, said in a statement.

U.S. InsurTech Next Insurance said in March it would cover U.S. small businesses through Amazon Business Prime.

“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,” Molly Dobson, country manager for Amazon Business in U.K. and Ireland, said in the statement.

Amazon is no stranger to the insurance game, offering warranty insurance to its British customers.

Related: There’s Probably An Insurance Policy For That

If you’re looking for an insurance policy that’s a little outside the norm, you can probably find coverage for it.

Heidi Klum’s legs are insured for $2.2 million, for example, and Jennifer Lopez’s hind quarters have a $27 million policy behind them. Gene Simmons insured his tongue for a cool $1 million, Keith Richards has a $1.6 million policy on his middle finger and Tom Jones has insured his chest hair for $7 million.

You can also cover yourself against potential attacks by extraterrestrials — and there are multiple companies that offer that type of policy — believe it or not.

Alien Abduction Insurance (AAI), also known as UFO insurance, is designed to protect people if they’re taken into space against their will.

These policies cover psychiatric care, compensation for lost wages, vehicle replacement and compensation for wages lost while lost in space, along with tractor beam burns, alien pregnancy (for both men and women), injuries from alien examinations, temporal anomaly injuries, transporter psychosis and thoron exposure.