Amazon’s Business Model Is Wreaking Havoc Across The Insurance Industry

Amazon hit their highest selling numbers ever during this year’s Cyber Monday sales. Between Thanksgiving and Monday, December 2, the company reached a mighty, yet vague, quota of “hundreds of millions” of packages.

In its nearly two-and-a-half decades of operation, the e-commerce conglomerate has never seen a day with higher numbers.

Yet while Prime lovers and online shoppers around the world are happy with the quick delivery and low prices of their holiday gifts, insurers are grappling with the behind-the-scenes operations that could cause major liabilities.

Known for its groundbreaking same-day, 24-hour and two-day delivery, Amazon could make none of that possible without backbreaking assembly lines and an exhaustive number of delivery vans on the road.

While speed and innovation made Amazon a global $800 billion powerhouse, its quick turnarounds and high-demands are behind major injuries to workers and drivers … even to those not employed by Amazon.