Insurance

Insurer L&G Uses Amazon Blockchain Service for Pension Deals

| Daniel Palmer

Legal & General has turned to Amazon's services to launch what it claims is the first blockchain system for bulk pension deals.

Aon insurance headquarters

Metaco Offering Crypto Custody Insurance via Giant Broker Aon

| Ian Allison

Insurance brokerage Aon has lined up coverage for institutional clients of crypto custody tech provider Metaco.

Ethereum Startups Team to Offer ‘Banking-Grade’ Wallet Security

| Ian Allison

Insurtech startup Nexus Mutual and wallet provider Argent have teamed up to bring bank account-like protection to ethereum.

usaa, mobile

State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020

| Ian Allison

Insurance giants State Farm and USAA are in advanced testing of a blockchain to automate claims processing.

Accenture, Generali Streamline Employee Insurance Benefits With Blockchain Rollout

| Yogita Khatri

Accenture and Italian insurance group Generali have launched a blockchain solution that brings new efficiencies to employee benefits.

$255 Million: Coinbase Confirms Extent of Crypto Insurance Coverage

| Ian Allison

Coinbase has revealed the details of its $255 million insurance policy for crypto held on customers' behalf.

New iPhone-Controlled Crypto Vault Promises ‘Bank-Grade’ Security

| Ian Allison

ConsenSys-backed Trustology has launched an iPhone-controlled crypto vault service it says is secure enough for financial institutions.

Blockchain Insurance Consortium B3i Quietly Raises $16 Million

| Ian Allison

B3i, a blockchain startup owned by some of the world's top insurance firms, raised $16 million last month, Swiss records show.

R3 Co-Founder Jesse Edwards Is Leaving the Enterprise Blockchain Firm

| Ian Allison

Co-founder Jesse Edwards is leaving R3, but will remain an investor and continue working with the blockchain firm.

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.