The first risk transfer service built on blockchain infrastructure is launched, with marine insurance the first business line to try it out...
Eurapco and B3i Introduce Unity, a Risk Transfer Service Built on Blockchain – Insurance Journal
What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies … Read More
Seven insurtechs to watch in 2021 – Insurance Post (subscription required)
2020 was an interesting year for insurtechs. Some might say a tipping point as there were a number of high profile withdrawals such as Buzzvault, Coverly, Lenny and Parasol; while on the flipside … Read More
How Blockchain Smart Contracts Are Reinventing the Insurance Industry – Nasdaq
If 2020 has taught us anything, it’s that the world is growing increasingly unpredictable … The insurance industry needs to prepare itself for this increasingly volatile future … Read More
State Farm, USAA go into production with auto claims blockchain – Ledger Insights
After an auto accident, both party’s insurers communicate with each other and decide which driver is at fault … But that process of settling claims is rather manual and inefficient. And it involves reconciliations between the insurers. With a blockchain that shares the data, there should be no need for reconciliations … Read More
InsurTechs Galileo Platforms and Amodo partner in Thailand – IBS Intelligence
InsurTech companies Galileo Platforms and Amodo have entered into a partnership. The collaboration is said to augur well for the Thai insurance sector looking to shape its post-Covid recovery … Read More
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