2019-7-10 12:00 |
Coinbase is exploring plans to set up its own regulated insurance company with the help of broker Aon, sources told CoinDesk.
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Universal Fire & Casualty Insurance Company (UFCIC) has become the first insurance company to accept cryptocurrency for premium payments. The post Insurance Company Accepting Crypto for Premium Payments appeared first on BeInCrypto.
2021-6-24 16:40 | |
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According to industry sources, Coinbase could be planning to open a captive insurance company with the help of AON. The alleged new insurance fund will benefit from a fully regulated framework that will allow the crypto exchange to capitalize on other investments products such as reinsurance.
2019-7-11 23:00 | |
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Lake City, the Florida city that paid a $500,000 Bitcoin ransom last week, has fired an employee following the debacle. In an interview with local television, the city manager of Lake City, Joe Helfenberg, said the city’s director of information technology has been fired.
2019-7-2 11:52 | |
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International charity confederation Oxfam has teamed up with professional services company Aon and a blockchain insurance startup to provide farmers in Sri Lanka cover in the event of extreme weather conditions.
2019-7-2 00:00 | |
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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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Coinspeaker Insurance Giant MetLife Set to Disrupt Life Insurance Using Ethereum BlockchainMetLife’s Singapore-based incubator LumenLab has partnered with media corporation Singapore Press Holdings (SPH) and insurance company NTUC Income (Income) to roll out Ethereum-based smart contract platform known as Lifechain.
2019-6-20 14:59 | |
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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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As one of the top financial firms in the word, MetLife subsidiary MetLife Asia Innovation Center’s, LumenLab, is looking to “blockchainize” life insurance claims for bereaved families. The latest announcement from the company confirms they have partnered with NTUC Income, a Singapore based insurance firm and Singapore Press Holdings Ltd (SPH), a leading media organization […]
2019-6-20 00:04 | |
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Media company Singapore Press Holdings (SPH), insurance firm NTUC Income (Income), and LumenLab, MetLife’s Asia innovation center, have teamed up to pilot a blockchain platform aimed at automating the life insurance claim process, the companies said on Monday.
2019-6-18 13:36 | |
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South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there.
2019-6-12 00:30 | |
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By CCN: USAA and State Farm have reportedly closed a deal that will see them using the blockchain to pay each other. So when two people get in an accident, and they’re represented by either of the companies, the company that has to pay will eventually be using a blockchain solution to settle the inter-company payment.
2019-6-1 15:40 | |
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Cinemadrom this is a combination of many people and areas of activity in one ecosystem. For filmmakers this is Hollywood online. For investors, these are new tools. For the crypto community, this is a new blockchain technology, a new coin for mining, trading, transfers.
2019-5-21 22:27 | |
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CryptoNinjas Bibox, a bitcoin and crypto asset exchange company, will soon be launching Bibox Europe to allow easier access to digital assets by supporting fiat currency to crypto brokerage services.
2019-5-20 16:18 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Crypto securities company Curv has insured up to $50 million in customer assets through a new partnership with Munich Re
2019-5-11 03:02 | |
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Chinese internet giant Tencent will work with a local disruptor insurance company to develop new blockchain solutions
2019-4-30 13:06 | |
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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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Coinbase is taking the threat of criminals hacking activity seriously, and to prove it, the exchange revealed the details of its crypto insurance policy program this week. It’s held a hot wallet policy with a $255 million limit since 2013.
2019-4-3 14:26 | |
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Coinbase is taking the threat of criminals hacking activity seriously, and to prove it, the exchange revealed the details of its crypto insurance policy program this week. It’s held a hot wallet policy with a $255 million limit since 2013.
2019-4-3 14:26 | |
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The largest U. S.-based crypto exchange, Coinbase, has recently revealed some of the details pertaining to its insurance coverage for cryptocurrencies. The Vice President of Security of the company, Philip Martin, has recently affirmed that the coverage of the company covers up for $255 million USD in assets in hot wallets. Fortunately, only less than […]
2019-4-3 04:25 | |
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By CCN. com: QuadrigaCX had a long and successful run as Canada’s top Bitcoin exchange. Former counsel to the exchange, Christine Duhaime, says in a blog post at Coindesk that the company was among the only exchanges to publicly publish audits or obtain cold storage insurance.
2019-3-29 23:40 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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Major Chinese insurance firm Ping An is partnering with AI-focused blockchain startup SingularityNET, with goals that include Optical Character… The post World’s 10th Largest Public Company, Ping An Insurance, Partners with SingularityNET appeared first on Invest In Blockchain.
2019-3-18 08:34 | |
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CryptoNinjas Nexo, a cryptocurrency based ecosystem for lending, today announced it will offer insurance to clients for the crypto assets they hold in their Nexo Wallets. The policy covers up to $100,000,000.
2019-3-12 16:52 | |
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The company says its new scheduling system is designed for use by patients, doctors, employers, and insurance providers.
2019-3-6 01:17 | |
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London, United Kingdom, February 22, 2019. – Doubly, a crypto trading company the makes the most of the innovations of Artificial Intelligence (AI) has announced a partnership with a financial services insurer.
2019-2-23 18:13 | |
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Cryptocurrency wallet service provider Bitgo has secured a $100 million policy through Lloyd’s insurance to cover crypto assets that are completely under the company’s control, such as those held in its business wallet and custody offerings.
2019-2-20 18:30 | |
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BitGo, a crypto custodian backed by Goldman Sachs, is offering up to $100 million in insurance coverage for cold-wallet assets through Lloyd’s. There is no additional cost to BitGo clients. In a press release, the company said the $100 million of insurance coverage protects custodial assets held by BitGo against: Third-party hacks.
2019-2-20 03:50 | |
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BitGo Cryptocurrency Custodian Now Offers Up To $100 Million Insurance Coverage For Digital Assets. BitGo, a California-based digital assets financial services company has announced https. , 2019 it's now offering up to $100 million insurance coverage for all custodial assets that are held by the company reports BusinessWire.
2019-2-20 23:52 | |
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Institutional capital is making its way to the crypto sector. Morgan Creek Digital Assets co-founder and partner announced that his firm had raised $40 million from several investors including two U.
2019-2-13 14:59 | |
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Even in a bear market, Morgan Creek Digital has no problem swimming upstream. The crypto asset management firm just bagged a $40 million dollar investment and what appears to be the first blockchain/crypto investment by a major pension fund.
2019-2-12 20:51 | |
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Two public pensions from Fairfax County, Virginia’s Police Officer’s Retirement System and Employees’ Retirement System, have invested in Morgan Creek’s new $40 million crypto fund. Anthony Pompliano, a Morgan Creek general partner, said that it is the first case in which public pensions have invested in the cryptocurrency market.
2019-2-12 18:28 | |
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Ontology has joined hands with South Korea’s first life insurance company, Hanwha Life, in a bid to develop a “Blockchain Academy” program. According to an official announcement, Hanwha Life is looking to use Ontology’s blockchain to come up with an effective Blockchain Academy program, which was launched in June 2018. Boasting around 5,000 registrations, the […]
2019-1-30 20:22 | |
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In the span of one week, the fintech company offered and then pulled back its new Checking & Savings service amidst high insurance uncertainty.
2018-12-17 12:33 | |
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German blockchain startup Bitwala has launched crypto banking in Germany. After securing ˆ4 million (roughly $4. 5 million) from VC firms Earlybird and Coparion in September of 2018 to develop a crypto banking solution, the company has allegedly amassed a waiting list of 30,000 potential users.
2018-12-13 22:32 | |
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The Gibraltar Blockchain Exchange (GBX), a subsidiary of the Gibraltar Stock Exchange, is now providing insurance coverage for crypto assets listed on its platform. On December 10, the company announced that it has partnered with a local provider called Callaghan Insurance to provide the policy to cover both hot (online) and cold (offline) wallets listed […]
2018-12-12 20:57 | |
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The Gibraltar Blockchain Exchange (GBX) has announced an insurance coverage policy that ensures that assets listed on the GBX Digital Asset Exchange can be insured. The policy, in association with Gibraltar-based firm Callaghan Insurance, marks an important step for the company in attracting users who require strict assurances around the security of their assets, according to Nick Cowan, CEO […] The post The Gibraltar Blockchain Exchange Announces Insurance Coverage for Crypto Assets appeared first on Coinjournal.
2018-12-11 20:37 | |
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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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Bakkt, an upcoming crypto retail payment system and futures platform, is delaying its launch to better ensure the platform’s success at release. On November 20, 2018, the CEO of Bakkt released an update on Medium, outlining the future business plans for the company, describing some of the progress in implementing new features and declaring that the company’s initial launch is being postponed until January 24, 2019.
2018-11-21 02:24 | |
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Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.
2018-11-17 01:42 | |
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Despite a prolonged cryptocurrency bear market and regulatory uncertainties, OKCoin, one of the largest cryptocurrency exchanges in the world, is expanding to Latin America launching a new exchange platform headquartered in Buenos Aires, Argentina.
2018-11-15 17:45 | |
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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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Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries.
2018-11-13 03:00 | |
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Sompo And BTC Africa Team Up In Efforts To Improve Cross-Border Payments Sompo Holdings is considered to be one of the top three insurers in the entire nation of Japan, which makes each of their partnerships significant.
2018-11-13 01:49 | |
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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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What Is Colibra? Colibra is the world’s first insurance company that seeks to change how to handle risk and how people are treated when risks occur. Colibra is an open crowdsourced platform based on blockchain technology that handles non-parametric insurance claims and the payment of claims in an automated, transparent, and autonomous way. The main objectives […]
2018-11-10 11:15 | |
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Ping An Insurance Is set to Invest about $15B In Fintech, Blockchain, And Health tech The $15B (RMS 100 billion) will be invested by the Chinese holding multinational Ping An Insurance in several developments and research technologies.
2018-11-9 00:02 | |
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The first cryptoasset insurance company in the world, BlockRe announced the launch of its first ever comprehensive underwriting and risk assessment tool in the world. The tool will help in the issuing of insurance policies in the blockchain and cryptoasset space.
2018-11-8 14:59 | |
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