.insurance: Difference between revisions

Line 20:

# [[Progressive Casualty Insurance Co.]]<ref>[http://www.insurancejournal.com/news/national/2012/06/13/251254.htm/ In Expanded Internet Naming Game, Who Will Own .insurance?]</ref>

# [[Donuts]] (Auburn Park, LLC) one of 307 TLDs the company has applied for.

==ABA & BITS Bid (fTLD Registry Services)==

===ABA & BITS Bid (fTLD Registry Services)===

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 Financial TLD Initiative, 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 applications for both domain name strings are 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> The partnership formed the [[fTLD Registry Services, LLC]] to manage and operate .insurance and .bank domain name space.<ref>[http://www.bits.org/initiatives/fTLD.php Financial Top Level Domain Initiative]</ref>

==Radix Bid==

===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> ARI Registry Services was chosen by Radix to serve as its back-end registry services provider.<ref>[http://www.ariservices.com/news-directi_group_launches_radix.php The Directi Group launches Radix and appoints ARI Registry Services for new Top-Level Domain project]</ref>

===Donuts===

[[Donuts]]' application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref> The warning notes that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm. [[Progressive Casualty Insurance Co.]] was the only other applicant for [[insurance]] to receive such a warning.

===Progressive Casualty Insurance Co.===

The application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref>

The warning states that the applicant is "seeking exlcusive access to a common generic string .. that relates to a broad market sector," which Ms. Dryden notes could have unintended consequences and a negative impact on competition."<ref>[https://gacweb.icann.org/download/attachments/22938690/Insurance-AU-14573.pdf?version=1&modificationDate=1353428975000 Insurance AU, GACweb.ICANN.org] Retrieved 25 Nov 2012</ref>

==References==

@@ Line 20: / Line 20: @@
 # [[Progressive Casualty Insurance Co.]]<ref>[http://www.insurancejournal.com/news/national/2012/06/13/251254.htm/ In Expanded Internet Naming Game, Who Will Own .insurance?]</ref>
 # [[Donuts]] (Auburn Park, LLC) one of 307 TLDs the company has applied for.
-==ABA & BITS Bid (fTLD Registry Services)==
+===ABA & BITS Bid (fTLD Registry Services)===
 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 Financial TLD Initiative, 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 applications for both domain name strings are 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> The partnership formed the [[fTLD Registry Services, LLC]] to manage and operate .insurance and .bank domain name space.<ref>[http://www.bits.org/initiatives/fTLD.php Financial Top Level Domain Initiative]</ref>
-==Radix Bid==
+===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>  ARI Registry Services was chosen by Radix to serve as its back-end registry services provider.<ref>[http://www.ariservices.com/news-directi_group_launches_radix.php The Directi Group launches Radix and appoints ARI Registry Services for new Top-Level Domain project]</ref>
+===Donuts===
+[[Donuts]]' application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref> The warning notes that the TLD refers to a regulated market but that the applicant has not provided for adequate measures to protect from consumer harm. [[Progressive Casualty Insurance Co.]] was the only other applicant for [[insurance]] to receive such a warning.
+===Progressive Casualty Insurance Co.===
+The application was issued a [[GAC]] Early Warning from the representative of Australia and GAC Chair, [[Heather Dryden]]. The warning system is noted as a strong recommendation on behalf of national governments to the [[ICANN Board]] that a given TLD application should be denied as it stands. Applicants are encouraged to work with objecting GAC members.<ref>[http://newgtlds.icann.org/en/applicants/gac-early-warning GAC Early Warning, NewgTLDS.ICANN.org] Retrieved 25 Nov 2012</ref>
+The warning states that the applicant is "seeking exlcusive access to a common generic string .. that relates to a broad market sector," which Ms. Dryden notes could have unintended consequences and a negative impact on competition."<ref>[https://gacweb.icann.org/download/attachments/22938690/Insurance-AU-14573.pdf?version=1&modificationDate=1353428975000 Insurance AU, GACweb.ICANN.org] Retrieved 25 Nov 2012</ref>
 ==References==