Accenture works on service to offer insurance for online auctions

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Accenture works on service to offer insurance for online auctions

01-30-2006, 12:55 PM,

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mandy Offline

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Accenture works on service to offer insurance for online auctions

Quote:Accentures Technology Labs division is working on a service that would provide insurance for online auction sales like those on eBay.

A seller, for example, could buy an insurance policy guaranteeing that his laptop will sell online for $1,000. If the final sale is less than that, hell be refunded the difference.

Accenture is still in development with this service, but is in talks with a number of firms, including insurance companies, to market it, according to Accenture researcher Rayid Ghani. The service could query a database and automatically set insurance levels for any given product.

full article: http://www.itbusiness.ca/it/client/en/ho...p?id=38146

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