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Created page with "Image:UnderConstruction.png {{TLD| |logo = |status = Proposed |manager = ABA & BITS (Partnership)<br> Radix |country = International |stringcontention = |regis..."
[[Image:UnderConstruction.png]]
{{TLD|
|logo =
|status = Proposed
|manager = ABA & BITS (Partnership)<br> [[Radix]]
|country = International
|stringcontention =
|registryprovider =
|date =
|type = [[Community gTLD]], [[gTLD|Generic]]
|community = insurance community
|keypeople = [[Craig Schwartz]], Head of Operations ABA & BITS TLD Initiatives <br>[[Bhavin Turakhia]], CEO of Radix
}}
'''.insurance''' is a proposed new generic top level domain name [[gTLD]]) to [[ICANN]]'s [[New gTLD Program]]. The applicants for the .insurance string are [[BITS]], the technology policy arm of Financial Services Roundtable in partnership with the [[American Bankers Association]] (ABA) <ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref> and Radix, a subsidiary of [[Directi]] Group.<ref>
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref>
==ABA & BITS Bid==
ABA and BITS confirmed their application for the .insurance and [[.bank]] TLDs in a press statement released on May 31, 2012. Craig Schwartz, head of operations for the ABA & BITS TLD Initiatives said that the partnership aims to "provide the highest security for the millions of customers conducting banking and
insurance activities online and to ensure the safety and soundness of the industry." ABA & BITS application for both domain name strings is supported by a number of financial services organizations including the Australian Bankers’ Association, American Bankers Insurance Association, British Bankers’ Association, European Banking Federation, Independent Community Bankers of America and the the International Banking Federation. <ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref>
==Radix Bid==
Radix, a newly created subsidiary business of Directi Group also confirmed its application for the .insurance TLD. The .insurance string is one of the 31 gTLDs being applied for by the company with an allocated budget of $30 million. <ref>
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref> [[Bhavin Turakhia]], CEO of Radix is prepared to face a string contention and an auction for the string. He also expressed that he is open to establish partnerships with other applicants. <ref>[http://domainincite.com/archives/9174-directi-expects-all-31-of-its-gtlds-to-be-contested Directi expects all 31 of its gTLDs to be contested]</ref>
==References==
{{reflist}}
[[Category:TLD]]
{{TLD|
|logo =
|status = Proposed
|manager = ABA & BITS (Partnership)<br> [[Radix]]
|country = International
|stringcontention =
|registryprovider =
|date =
|type = [[Community gTLD]], [[gTLD|Generic]]
|community = insurance community
|keypeople = [[Craig Schwartz]], Head of Operations ABA & BITS TLD Initiatives <br>[[Bhavin Turakhia]], CEO of Radix
}}
'''.insurance''' is a proposed new generic top level domain name [[gTLD]]) to [[ICANN]]'s [[New gTLD Program]]. The applicants for the .insurance string are [[BITS]], the technology policy arm of Financial Services Roundtable in partnership with the [[American Bankers Association]] (ABA) <ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref> and Radix, a subsidiary of [[Directi]] Group.<ref>
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref>
==ABA & BITS Bid==
ABA and BITS confirmed their application for the .insurance and [[.bank]] TLDs in a press statement released on May 31, 2012. Craig Schwartz, head of operations for the ABA & BITS TLD Initiatives said that the partnership aims to "provide the highest security for the millions of customers conducting banking and
insurance activities online and to ensure the safety and soundness of the industry." ABA & BITS application for both domain name strings is supported by a number of financial services organizations including the Australian Bankers’ Association, American Bankers Insurance Association, British Bankers’ Association, European Banking Federation, Independent Community Bankers of America and the the International Banking Federation. <ref>[http://www.bits.org/publications/pr/BITSandABADomainRelease053112.pdf ABA and The Financial Services Roundtable Apply for Financial Domains to Protect Consumers]</ref>
==Radix Bid==
Radix, a newly created subsidiary business of Directi Group also confirmed its application for the .insurance TLD. The .insurance string is one of the 31 gTLDs being applied for by the company with an allocated budget of $30 million. <ref>
[http://www.thedomains.com/2012/05/31/directi-invest-over-30-million-applies-for-31-new-gtlds-including-law-web-bank-shop/ Directi Invest Over $30 Million & Applies For 31 New gTLD’s: Including: .Law, .Web, .Bank, .Shop]</ref> [[Bhavin Turakhia]], CEO of Radix is prepared to face a string contention and an auction for the string. He also expressed that he is open to establish partnerships with other applicants. <ref>[http://domainincite.com/archives/9174-directi-expects-all-31-of-its-gtlds-to-be-contested Directi expects all 31 of its gTLDs to be contested]</ref>
==References==
{{reflist}}
[[Category:TLD]]