Major International Insurance Alliance Forms Swiss Blockchain Startup

in #blockchainnews6 years ago

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The B3i initiative and the newly founded B3i service AG are both backed by the major reinsurers Munich Re and Swiss Re as well as other major insurance companies, such as Zurick, Allianz and Aegon. While the research initiative initially focused on a pilot project to explore the potential use cases of Blockchain technology in the insurance industry, B3i Services AG will now implement the results in a functioning block-based trading system.

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