Blockchain-powered reinsurer Re enters market with $14m seed fund
Re, a US-based blockchain-powered reinsurer, has announced its launch with a seed funding of $14m. It was in incubation under…
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Insurers’ investments and research in blockchain technology bring support to vulnerable communities
Parametric insurance for farmers and vulnerable communities in areas susceptible to adverse weather events is becoming more regularly utilised as…
ByMarsh trials new blockchain-powered digital placement platform
Insurance broker and risk advisor Marsh is testing a new digital placement platform powered by blockchain technology. Dubbed Risk Exchange,…
Tech Mahindra and Adjoint introduce blockchain solution for insurers
Indian IT major Tech Mahindra and financial technology specialist Adjoint have rolled out a blockchain-based solution for financial management and…
China Pacific Insurance invests in blockchain start-up B3i
China Pacific Insurance Group has made an undisclosed investment in B3i, the blockchain consortium made up of 38 leading insurers.…
Aon, Oxfam and Etherisc introduce blockchain-based farm insurance in Sri Lanka
Re/insurance brokerage firm Aon has collaborated with Oxfam and insurtech Etherisc to introduce a blockchain-based agricultural insurance platform for small…
L&G unveils blockchain-powered reinsurance platform for pension risk transfer
British insurer Legal & General (L&G) Group has introduced a pension risk transfer (PRT) reinsurance platform based on blockchain technology.…
LIMRA and RiskStream to develop blockchain app for life insurance sector
LIMRA and The Institutes RiskStream Collaborative have reached an agreement to develop blockchain solution for validation of life insurance licensing…