Amazon teams up with bank giant and Warren Buffet firm in US assault 

Amazon is teaming up with JP Morgan and Berkshire Hathaway to lower health premiums in the US.

The move will reignite fears that Amazon is moving into insurance, following revelations at the end of last year it was hiring people with insurance experience.

The trio have launched a not-for-profits healthcare firm to help almost 1m US staff workers and “potentially all Americans”.

Amazon belives the partnership will offer “scale and complementary expertise” and  “technology solutions”.

Workers are paying more than twice as much on healthcare, averaging $5,714, compared to 20 years ago. 

Hathaway group has its own insurance firm, Berkshire Hathaway. 

 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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