Insurance

Underwriter Claims Crypto Custodian BitGo Exaggerated Insurance Coverage

| Ian Allison

An underwriter of BitGo’s $100 million crypto insurance policy says the custodian described it in a misleading way.

2 Crypto Startups Want to Put 10 Million Used Cars on a Blockchain

| Ian Allison

The Fusion Foundation is joining forces with the Automotive eXchange Platform to put 10.5 million used cars on a blockchain.

Vermont State Government Launching Blockchain Insurance Pilot

| Yogita Khatri

The U.S. state of Vermont is launching a blockchain pilot project for insurers, seeking transparency and efficiency improvements.

Crypto Assets on Gibraltar Blockchain Exchange Can Now Be Insured

| Yogita Khatri

The Gibraltar Blockchain Exchange, a subsidiary of the Gibraltar Stock Exchange, is now offering insurance cover for crypto assets.

State Farm Trials Blockchain Tool for Streamlining Insurance Claims

| Nikhilesh De

State Farm is trialing a blockchain solution to streamline a currently-manual aspect of insurance claims.

lloyd's of london

The Crypto Insurance Market May Total $6 Billion. That’s Nowhere Near Enough

| Ian Allison

There is less than $5 billion of global capacity to insure crypto wallets held in custody. Coinbase has secured a significant chunk of that.

Deloitte Blockchain Chief: Bad Crypto Headlines Making Clients ‘Nervous’

| Anna Baydakova

Hype around ICOs and altcoins “hasn’t helped us,” says Linda Pawczuk, leader of Deloitte Consulting’s financial services industry blockchain…

Australia’s CSIRO, CommBank Complete ‘Smart Money’ Blockchain Trial

| Yogita Khatri

Australia's federal science agency CSIRO and CommBank have trialed a blockchain payments prototype they say could save "hundreds of millions" a year.

Japanese Firms Claim Success in Marine Insurance Blockchain Trial

| Yogita Khatri

NTT DATA and a major Japanese insurer have completed a blockchain trial that speeds up marine cargo insurance claims.

Ethereum’s Biggest Enterprise Group Is Releasing New Software Specs

| Ian Allison

The largest blockchain consortium has released its latest round of specifications – the next steps to harmonizing the way big companies use…