Amazon pushes further into insurance with its latest investment (AMZN)

BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. US-based retail giant Amazon issaid to be investingcirca $15.7 million in Indian insurtech Acko, which provides online-only insurance products. Under the deal, Amazon's Indian business will reportedly act as Acko's distributor, and co-develop new insurance products with the company. Acko holds its own insurance license, andraised a $30 million roundin May. A...