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|logo  = ‎
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|status = Proposed
|status = Proposed
|manager  = ABA & BITS (Partnership)<br> [[Radix]]
|manager  = [[ABA]] & [[BITS]] (Partnership)<br> [[Radix]]
|country  = International
|country  = International
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'''.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>
'''.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>
[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 & 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  
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>
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>


Revision as of 22:10, 1 June 2012


[[Image:‎‎|150px|center]]
Status: Proposed
country: International
Manager: ABA & BITS (Partnership)
Radix
Type: Community gTLD, Generic
Community: insurance community
More information:

.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) [1] and Radix, a subsidiary of Directi Group.[2]

ABA & BITS Bid[edit | edit source]

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. [3]

Radix Bid[edit | edit source]

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. [4] 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. [5]

References[edit | edit source]

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