The Blockchain Insurance Industry Initiative B3i announced the expansion of the group, with 23 new entrants joining its Market Testing programme. This follows the successful launch of a working market testing prototype at the Monte Carlo RVS conference this year.
Since its launch in October 2016, the initiative has gained broad attention across the industry and beyond. The group is now attaining a truly global scope, attracting companies from Africa, Asia, Australia, Europe, the Americas, the Middle East and the Caribbean.
“I am very pleased to welcome 23 new companies to B3i,” said Mr Paul Meeusen of B3i. “In less than a year, B3i has become truly global, both in terms of the work we are undertaking and the companies we represent. We look forward to working with the new entrants who will take part in our market testing, and to learning from each other’s expertise and experience.”
The new entrants are: AIA, AIG, Aon, Chubb, Covéa, Everest Re, Gen Re, Guy Carpenter & Marsh, JLT Re, Leadway Assurance, LocalTapiola, Mapfre Re, Navigators, PartnerRe, QBE Re, SAHAM Assurance, Sava Re, Takaful Emarat, TigerRisk, Trust Re, UnipolSai, and Willis Re. A