Insurance

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…

Legal & General Partners With Amazon to Use Blockchain for Pension Deals

Online retail giant Amazon has partnered with United Kingdom-based insurance agency Legal & General to create a blockchain system for…

Major Pan-African Insurance Firm Rolls Back Insurance for Crypto Mining Equipment

Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in…

Pan-African Insurer Old Mutual Will Not Insure Mining Rigs

Old Mutual, a legacy, pan-African insurance company, announced it will not insure equipment used for cryptocurrency mining, according to a…

Major Insurance Broker Aon Secures Crime Coverage for Crypto Custody Solutions Firm

Aon — a leading insurance broker that purports to occupy 50% of the crypto-insurance market — will reportedly provide crypto…

Metaco Offering Crypto Custody Insurance via Giant Broker Aon

Aon, the world’s second-largest insurance broker by revenues, has lined up a panel of insurers to provide cryptocurrency coverage for…

Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security

Two ethereum startups have teamed up to help bring bank account-like protection to users of the second-largest blockchain. Insurance cooperative…

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