2019-7-17 13:15 |
Insurance industry blockchain group B3i has appointed John Carolin as chief executive officer.
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New York-based insurance company, MetLife, is planning to revamp the life insurance claims process by utilizing Ethereum’s blockchain. MetLife’s Singapore-based incubator, LumenLab, is partnering with Singapore Press Holdings, a media group, and insurance cooperative, NTUC Income, to release a smart contract platform built on Ethereum called Lifechain.
2019-6-21 22:30 | |
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MetLife, one of the globe’s largest providers of insurance, is using Ethereum to transform the life insurance claims process. Using Ethereum to transform life insurance LumenLab, MetLife’s Singapore-based incubator, is collaborating with media group Singapore Press Holdings and insurance cooperative NTUC Income to release “Lifechain,” a smart contract platform built on Ethereum, reported Forbes contributor […] The post MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance appeared first on CryptoSlate.
2019-6-20 10:15 | |
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Major insurance broker Aon will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a group of predominantly European insurers
2019-6-12 12:53 | |
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By CCN. com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate.
2019-4-20 15:52 | |
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By CCN: The Dow and broader US stock market struggled to sustain any positive momentum on Wednesday, as key health-care stocks flirted with their worst declines of 2019. The culprits? “Medicare for All” and its would-be harbinger, Bernie Sanders.
2019-4-17 20:19 | |
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Accenture and Italian insurance group Generali have launched a blockchain solution that brings new efficiencies to employee benefits.
2019-4-17 13:25 | |
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The Swiss-based B3i platform has expanded the group of investors it has in its ongoing funding round. The insurance company released the information in a recently published press release. Now, the firm has three new insurers and reinsurers hat will be participating in the funding round.
2019-4-6 20:13 | |
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Blockchain startup B3i has added three new insurer and reinsurers to participate in the company’s ongoing funding round
2019-4-6 23:51 | |
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CryptoNinjas VouchForMe, a web tool based on blockchain technology that enables users to ask friends and family to vouch for them, has announced a partnership agreement with Swissdacs Group for the introduction of the VouchForMe blockchain based platform in Switzerland, Italy, Germany, and Austria.
2019-4-2 03:11 | |
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Bitcoin and blockchain expertise in the insurance industry has “exploded” over the past two years, and insurers who ignore blockchain technology do so at their own peril, according to a new report from Aite Group, a global research and advisory firm.
2019-3-24 20:00 | |
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Banking technology firm Avaloq has joined the Enterprise Ethereum Alliance (EEA). The EEA is a global non-profit consortium of companies hailing from several major industries, including technology, banking, government, healthcare, energy, pharmaceuticals, marketing, and insurance.
2019-3-19 20:52 | |
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Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018.
2019-3-1 18:10 | |
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Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance.
2019-1-3 10:00 | |
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A hacker group called The Dark Overlord threatened to release insurance files related to the 9/11 attacks on New Year’s Eve. The group noted that they had received the files after breaching the security of a law firm handling cases related to the Twin Tower terrorist attack.
2019-1-2 15:29 | |
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State Farm, a large group of United States-based insurance and financial services firms offering automobile insurance products, loans and more, has announced on December 10, 2018, that it’s testing a distributed ledger technology (DLT) based solution that could help speed up the subrogation process for auto claims.
2018-12-12 12:30 | |
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Blockchain technology seems to be reaching into many mainstream companies, and State Farm is one of the latest to jump on the bandwagon. Based on a recent announcement from the U.S.-based insurance group, it looks like the company is looking to integrate blockchain technology into their platform, assisting with the protocols implemented during insurance claims. […]
2018-12-11 00:48 | |
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The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.
2018-12-3 19:48 | |
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In an announcement published in People’s Daily on November 20th, Ping An Bank has announced the upcoming launch of a boutique. The subsidiary of the Ping An Insurance Group will use blockchain, the Internet of Things (IoT), and cloud services to me this boutique possible.
2018-11-21 11:04 | |
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Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018.
2018-11-18 00:00 | |
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Coinchase offers 30% discount for public sale. 'Break and Return' insurance with a minimum profit of 30%. Total supply : 10,000,000,000 CCH Softcap: 400ETH Hardcap: 41900ETH Minimum purchase amount: 0.
2018-11-15 14:34 | |
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According to news outlet, Coin Telegraph (https://cointelegraph.com/news/china-insurance-giant-ping-an-sanya-city-govt-to-build-smart-city-with-blockchain), one of China’s largest insurance, banking and financial services provider, Ping An has signed an agreement with Sanya’s government in what seems like a future “Smart City” based on evolving technologies such as blockchain, artificial intelligence (AI), cloud-computing etc. The signed agreement seems to deal with not only […]
2018-11-15 04:28 | |
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Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company, for 570 million yen ($5. 02 million). The deal is expected to further digitize the insurer’s international remittance service.
2018-11-13 15:10 | |
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International cybersecurity solutions provider Group-IB has come up with a scoring model to grade crypto exchanges based on their level of security. The scoring model was created by Group-IB in conjunction with Swiss-based Cryptolns (which is operated by Swiss insurance broker APIS AS), and the grading is intrinsic to CryptoIns’ new cryptocurrency exchange insurance, which will allow exchange users to cover up to 15 BTC worth of digital assets held in their exchange accounts.
2018-11-13 00:43 | |
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Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc.
2018-11-7 03:00 | |
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The efforts by Oxfam, a non-profit group, are working to eliminate poverty around the world, but this lofty goal is better accomplished with collaborations and other support. Etherisc, a blockchain startup, is deciding to contribute to the cause by working to support paddy rice farmers with more affordable insurance in Sri Lanka. Etherisc’s work is […]
2018-10-24 18:08 | |
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Oxfam in Sri Lanka, part of the international aid group, has teamed up with blockchain startup Etherisc to bring affordable insurance to paddy rice farmers.
2018-10-24 21:00 | |
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Oxfam, the international aid group, has teamed up with blockchain startup Etherisc to bring affordable insurance to paddy rice farmers in Sri Lanka.
2018-10-24 21:00 | |
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Accenture and insurance firm Zurich Benelux, a subsidiary of Switzerland’s largest insurance group, deployed a blockchain solution aimed at surety bonds.
2018-10-16 16:08 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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A study dubbed, “Peer2Peer Insurance Global 2018” revealed that blockchain technology has the potential to flourish the insurance industry. Investopedia defines peer-to-peer insurance model as a risk-sharing network of a group of individuals who put together their premiums to prevent risk from negatively impacting said investors.
2018-9-11 17:58 | |
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Один из крупнейших конгломератов Южной Кореи Hanwha Group предложит местным криптовалютным биржам страховые продукты, предполагающие возмещение потерь вследствие хакерских атак. Об этом сообщает Bitcoin.
2018-9-8 11:06 | |
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A new report from China Security Journal reveals that the Shanghai Stock Exchange (SSE) has partnered with the Insurance Management Association of China (IAMAC) to launch a joint initiative aimed at improving the country’s insurance and pension industries through blockchain.
2018-8-21 23:22 | |
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Blockchain technologies are becoming more and more integrated with financial services and one of China’s biggest personal financial service groups, Ping An is just another piece of proof of that. Ping An has revealed that it will launch its new cutting-edge Smart City and AI initiatives next week in China’s Smart City Expo in Shenzhen.
2018-8-20 00:30 | |
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One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.
2018-8-7 20:57 | |
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As with brick-and-mortar industries that are slowly fading away to the globalism of the online world, so too will the traditional prediction market industry have to innovate to keep up with the sheer efficiency, reliability and security that the decentralized prediction markets promise to bring.
2018-7-31 15:58 | |
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An insurance network venture operating under Insurance Market Group, by the name of Inmediate Pte Ltd, has entered into a partnership with FWD Insurance, making it the second development partner for the innovative insurance bionetwork.
2018-7-28 18:28 | |
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Inmediate Pte Ltd, an insurance network venture by Insurance Market Group, has signed a memorandum of understanding (MOU) with FWD Insurance, becoming the second growth partner for this new insurance ecosystem.
2018-7-27 09:38 | |
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Many major insurance providers are reportedly selling insurance coverage to crypto companies. Bloomberg reports that AIG, Chubb and XL Group are known to provide crypto insurance, while Marsh & McLennan and Aon act as brokers and help clients find crypto insurance policies.
2018-7-23 22:04 | |
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Many major insurance providers are reportedly selling insurance coverage to crypto companies. Bloomberg reports that AIG, Chubb and XL Group are known to provide crypto insurance, while Marsh & McLennan and Aon act as brokers and help clients find crypto insurance policies.
2018-7-22 02:55 | |
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As reported by Bloomberg on July 19, 2018, companies like XL Group, Allianz, AIG, and Chubb are creating customized insurance packages for protecting cryptocurrency businesses. The post Report: Banks are Secretly Offering Cryptocurrency Insurance to Businesses appeared first on CryptoSlate.
2018-7-21 19:00 | |
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The Institutes RiskBlock™ Alliance is joining forces with Accenture in a move that will see both companies expand the use of blockchain technology within the insurance sector.
2018-7-10 00:28 | |
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One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).
2018-7-6 17:27 | |
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The Financial Conduct Authority (FCA), responsible for conduct and relevant prudential regulation of financial services firms and financial markets in the U. K. , has announced the details of the firms selected to be part of cohort 4 of its regulatory sandbox, according to an FCA post.
2018-7-5 01:04 | |
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The Securities and Exchange Commission (SEC) is seeking comments on another bitcoin-based exchange-traded fund (ETF). The proposal in question calls for the listing and trading of SolidX bitcoin shares, and stems from the VanEck SolidX Bitcoin Trust, which states it will invest in “bitcoin only.
2018-7-3 17:52 | |
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The Korean Blockchain Association thought it was offering a win-win scenario to insurers when it previously held a briefing session to select a preferred carrier. It was offering insurance companies a package that included numerous exchanges while using that group to negotiate the best plan for its members, but due to the cost of recent hacks on.
2018-6-26 13:00 | |
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The world’s largest blockchain insurance consortium will use R3’s Corda platform to build its upcoming products, the company announced Monday. The Blockchain Insurance Industry Initiative (B3i), the independent company founded by Allianz, Aegon and Swiss Re, and supported by AIG and AIA, will use the platform to advance a prototype reinsurance blockchain, as well as
2018-6-18 13:51 | |
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Blockchain insurance consortium B3i announced Monday it would use R3's Corda platform to develop its products.
2018-6-18 11:00 | |
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B3i releases latest version of Corda-based Cat XoL product - CryptoNinjas B3i, a protocol to address critical insurance industry needs, today announced that it has released the latest version of its Property Catastrophe Excess of Loss Reinsurance application and its successful deployment to production environments ahead of year-end renewals.
B3i, a consortium startup working to use blockchain tech in the insurance industry, has launched its first product on R3's Corda platform.
B3i, a blockchain startup owned by some of the world's top insurance firms, raised $16 million last month, Swiss records show.
Blockchain insurance consortium B3i announced Monday it would use R3's Corda platform to develop its products.