I'm curious. Is there anything preventing larger players from moving in on insurance? I'm not familiar with the insurance industry, but announcement this has t

I'm curious. Is there anything preventing larger players from moving in on insurance? I'm not familiar with the insurance industry, but announcement this has the gears turning in my head. It would seem like Facebook, Google, Snapchat, and Twitter have the data to determine if you smoke, drink or take drugs. Perhaps, they would be able to price risk more accurately that traditional insurers? Thinking beyond health insurance—they know how often you lose, break or replace your smartphone. I'm both amazed and frightened by the opportunities.