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Eurapco and B3i Introduce Unity, a Risk Transfer Service Built on Blockchain

Jan 27 2021 // What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of facultative risks within a network of companies, with marine insurance being the first...

Where ‘DeFi’ Crypto Users See Sure Bets During COVID, Critics See Unregulated Risks

Aug 27 2020 // It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong? That’s the proposition...

Cryptoasset Insurer Evertas Receives License to Operate in Bermuda

Jun 10 2020 // Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss...

This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It

Apr 3 2020 // Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He’s also plugging away trying to keep businesses healthy, as well. In his role as a...

How Pharmaceutical Firms Are Using Blockchain to Track Down Counterfeit Drugs

Feb 21 2020 // Some of the industry’s largest pharmaceutical companies, including Pfizer Inc. and Eli Lilly and Co., have developed a blockchain-based system to track prescription drugs across the supply chain to better halt the...

B3i’s Blockchain Platform Places 30 Reinsurance Contracts, Including Cat XoL Treaties

Feb 14 2020 // B3i Services AG, a two-year-old company owned by members of the insurance industry, announced that 30 contracts of reinsurance have been concluded on its platform, including some of the most complex catastrophe excess of...

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