Insurance blockchain pilot to become a company

Blockchain

Exclusive: B3i, the blockchain pilot involving 38 insurance companies, is to move from being a consortium to being an incorporated legal entity following its period of market testing.

B3i, launched in 2016, has members involved in a process of market testing to discover the use cases for blockchain in property casualty contracts.

The company will now become an incorporated legal

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Nigel Walsh, Google Cloud

The number of deals insurers have been making with Google Cloud to finally deliver that seamless, personalised insurance experience that customers used to shopping via Amazon and streaming films via Netflix is ramping up.