40-Strong Blockchain Insurance Group B3i Appoints CEO

2019-7-17 13:15

Insurance industry blockchain group B3i has appointed John Carolin as chief executive officer.

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Insurance giant MetLife to use Ethereum to revolutionize life insurance process claims

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


MetLife, the world’s sixth-largest insurance company, using Ethereum to transform life insurance

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


Blockchain Comes to State Farm to Make Insurance Claims Process More Efficiently

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


Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

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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China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

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


Blockchain and AI-Based ‘Smart City’ is Being Built by China’s Ping An Insurance Group and Sanya

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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New Exchange Security Scoring Model Offers Insurance Rates for Coin Holders

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


Non-Profit Charity Oxfam Teams Up with Etherisc for More Affordable Insurance to Sri Lankan Farmers

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


Крупнейший южнокорейский страховщик предложит услуги местным биткоин-биржам

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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Ping An Insurance To Release New Platform Based On Blockchain And AI Technologies

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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R2’s Corda Blockchain Platform is endorsed by insurance group B3I

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