Live Insurance News

Google is pulling out of the insurance industry, for now

March 3, 2016March 2, 2016 Nordstrom

Google will be closing down its insurance comparison website within a month Google has announced that it will be shutting down its Google Compare insurance comparison site. This may be a reflection of Google’s intention of selling financial products, such as auto insurance coverage. Google Compare has been operating in the United Kingdom for three years and the company had planned to bring the service to the United States in the near future. The site allowed users to compare prices on auto insurance coverage, but the site was never to…

Is homeowners insurance Google’s next move, following its Nest announcement?

June 23, 2015June 20, 2015 H. Cutner

The new security cameras could represent an important new step into this market for the company. There hasn’t been very much news about Nest since Google acquired in for $3.2 million back in January 2014, but now it is being seen as Google’s first step toward a larger homeowners insurance play as the smart gadgets company announces some new devices. Though the company is best known for its “learning thermostat” it is home cameras that are now being watched. Nest has now held its first press conference in order to…

Google insurance shopping site to launch in California

March 9, 2015March 7, 2015 G. Turner

The internet giant has now finally announced the beginning of its long awaited and expected website. The industry in the U.S. has been antsy to see what the start of the Google insurance offerings would bring to the shopping experience, and the wait has finally come to an end, as the internet giant has revealed that it will be launching its website, to start, in California. A U.S. version of the company’s Google Compare auto insurance comparison and policy shopping site will soon arrive. That service launched in the U.K.…

Google insurance sales online may be tougher than expected

February 24, 2015February 21, 2015 Julie Campbell

tablet ipad mobile wallet google insurance news

Overstock CEO Patrick Byrne predicts greater challenges for the internet giant than had possibly been predicted. The Google insurance news was enormous when the internet giant announced that it would be stepping into sales in that market, earlier this year, but it could be that it will be facing larger challenges than had been predicted. It could be that the massive search engine company may find itself facing similar struggles to other comparison sites. Comparison sites have been nervous as they wonder if all of their hard work would be…

Google is stepping into auto insurance sales

January 12, 2015January 10, 2015 Julie Campbell

The internet giant intends to begin selling policies for vehicle coverage in the United States market. According to a statement recently made by an analyst, Google Inc. has intentions to make its way into the American auto insurance market with a website that will give people across the United States the opportunity to compare policies and buy coverage. This is only the latest step in a broader effort that the company to make its way into the U.S. automotive industry. The internet search giant is going to be creating a…

Insurance industry may face new competition from Google and Amazon

October 22, 2014October 21, 2014 S.Vagus

Google and Amazon may be looking to break into the insurance market The insurance industry may be facing new competition in the next few years from some unexpected rivals. Google and Amazon are beginning to look into the insurance sector, seeing significant promise therein. Consumers throughout the world are beginning to trust large technology and commerce companies with various services. As this trust grows, these companies are beginning to find new ways to engage consumers and offer them products that are in high demand. New competition in the insurance industry…

Insurance companies could be the driver Google Glass needs

February 3, 2014February 1, 2014 Julie Campbell

Google Titanium augmented reality insurance company partnership

As the Titanium Collection is released, it looks like insurers may be the shot augmented reality glasses need. So far, Google Glass has maintained a tiny appeal that is miles away from the mainstream, but recent trends have been indicating that insurance companies could actually be the driving force that these augmented reality glasses have required to make their way to the top of the popular wearables list. Considering the current main demographic, it makes sense that Google Glass isn’t the norm just yet. At the moment, the primary demographic…