Insurance

40-Strong Blockchain Insurance Group B3i Appoints CEO

Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin…

Blockchain Consortium Startup R3 Said to Be Considering an IPO

Blockchain consortium startup R3 is said to be mulling an IPO. According to a Friday report, Bloomberg sources “familiar with the…

The Provident Bank Now Offers Deposit Services for Crypto-Related Entities

American community bank The Provident Bank has begun offering deposit services to digital currency-related customers, according to an announcement published…

Coinbase Looks to Launch a Captive Insurance Company With Aon: Report

United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports…

Coinbase Is in Talks to Launch Its Own Insurance Company

The takeaway: Coinbase is exploring plans to set up its own “captive” insurance company, industry sources said. At the start…

Blockchain-Based Insurance Platform for Farmers Launches in Sri Lanka

Decentralized insurtech firm Etherisc has launched a blockchain-based insurance platform for farmers in Sri Lanka The platform is the result…

Discovering Insuretech: Blockchain Disruption of the Insurance Sector

The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and…

MetLife’s LumenLab Using Blockchain to Automate Life Insurance Claims

MetLife subsidiary LumenLab is using blockchain technology to automate life insurance claims, according to a news release published on June 17. Known as…

Insurtech Platform to Apply Blockchain to Auto Claims With New Funding

Insurance tech firm BlockClaim has recently received £500,000 ($627,000) in funding for its blockchain-based claims solution, according to an official…

UK Insurer L&G Using Amazon’s Blockchain Service for Bulk Pensions Deals

A U.K. insurer has turned to Amazon’s services to launch what it claims is the first blockchain system for bulk…

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