Allianz, Generali, others place reinsurance contracts on B3i blockchain

B3i, the enterprise blockchain company owned by numerous insurers, … risk transfer using distributed ledger technology – whether by investing and …

B3i, the enterprise blockchain company owned by numerous insurers, processed 30 reinsurance contracts for January renewals. However, this wasn’t a switch over to the new platform. Instead, in a softly-softly approach, the automated placement process ran in parallel or as a recreation.

Nine insurers, four brokerage firms and eight reinsurers were involved in the placement of the Catastrophe Excess of Loss (XoL) reinsurance treaties.

“B3i’s platform shows what’s possible for greatly easing the placement process for all parties involved, and it’s very promising,” said Allianz Re’s Silvio Tschudi.

XoL was the first solution planned from the start, but the company is now developing other types of reinsurance, software modules for accounting and claims, as well as commercial insurance. However, B3i intends to be a platform, much like the iOS or Android of the insurance industry, with others building applications on top. It has competition from the RiskStream Alliance, which has similar aims.

While B3i as a company is two years old, the project first started as a consortium back in October 2016. In June of 2018 the technology was switched from Hyperledger Fabric to R3’s Corda.

At incorporation, the 13 founding insurers and reinsurers contributed $6.8 million. Last year saw another funding round in excess of $20 million and another three insurers joined, Mapfre Re, Deutsche Rück and VIG R.

2019 was a busy year for B3i. In addition to the $20 million raised, four additional investors joined, Japan’s SBI, China Pacific Insurance (CPIC), IRB Brasil Re and Africa Re. John Carolin took over as CEO, and the XoL product and the network went live in preparation for the year-end renewals.

B3i is planning another funding round this year.

“We invite all participants in the insurance industry to work with B3i to improve risk transfer using distributed ledger technology – whether by investing and joining our governance, by using the platform for transactions, or by partnering to develop new solutions,” said John Carolin, CEO of B3i.

Current B3i shareholders: Achmea, Aegon, Africa Re, Ageas, Allianz, AXA, China Pacific Insurance, Deutsche Rück, Generali, Hannover Re, IRB Brasil Re, Liberty Mutual, Mapfre Re, Munich Re, SBI Group, SCOR, Swiss Re, Tokio Marine, VIG Re, and Zurich Insurance Group.


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Opportunities & Growth for Global Life Insurance Software Market 2019 | Size, Share, Growth …

… in Global Blockchain Investment And M&A Trend Analysis Market 2019 | Size, Share, Growth, Opportunities & Outlook 2026: Digital Currency Group, …

In 2018, the Global Life Insurance Software Marketsize was 5000 million US$ and it is expected to reach 7670 million US$ by the end of 2025, with a CAGR of +7% during 2019-2025

A new professional intellgence report published by ResearchnReports with title “Global Life Insurance Software Market Report 2026” has the ability to help the decision makers in the most important market in the world that has played a significant important role in making a progressive impact on the global economy. The Global Life Insurance Software Market Report presents and showcases a vigorous vision of the global scnerario in terms of mareket size, market potentials and competitive environment. The study is derived from primary and secondary statistical data and consists of qualitative and quantitative analysis of industry and key players

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Industry Overview of Global Life Insurance Software:

To engage or target the Global Life Insurance Software Market, this study will provide a comprehensive view. It is important to keep Market knowledge up to date with Applications Term Insurance, Permanent Insurance, Product types On-Premise, Cloud-Based. If you have other players / manufacturers in your geography, or if you need regional or country-specific report, we can provide customizations based on your requirements.

Top Market Key Players:

Microsoft, Oracle, SAP, Accenture, Acturis, AWPL, Computer Professionals, Dell, Ebix, EIS Group, Hyland Software, AgencyBloc, HawkSoft, EZLynx, Nexsure, Vertafore & More

Segmental analysis is one of the most important sections of a market research report. The authors of the report have broadly segmented the Global Life Insurance Software Market as per product, application, and region. All of the product and application segments are studied in quite some detail in the report while focusing on market share, growth potential, CAGR, and other deciding factors.

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Market Segment by Type:

  • On-Premise
  • Cloud-Based

Market Segment by Application:

  • Term Insurance
  • Permanent Insurance

The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.

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  • Analysis of different financial aspects
  • Tracking of global opportunities
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Key Question Answered in Report:

  • What are the top key players of the Global Life Insurance Software Market?
  • What are the strengths and weaknesses of the Global Life Insurance Software Market?
  • What are the highest competitors in the market?
  • What are the different marketing and distribution channels?
  • What are the global market opportunities in front of the market?
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A 360-degree synopsis of the competitive scenario of the Global Life Insurance Software Market is presented in this report. It has an enormous data allied to the recent product and technological developments in the markets. It has a comprehensive analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these expansions on the market’s future growth.

Table of Contents:

PART 01: Executive summary

PART 02: Scope of the report (2019-2026)

PART 03: Research Methodology

PART 04: Introduction (Key market highlights)

PART 05: Market Landscape (Market Overview Size & forecast-2026)

PART 06: Five forces model

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Vendor analysis

Continued………

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Blockchain In Insurance Market Is Expected To Grow At a Robust CAGR Of +85% During 2019-2025

Blockchain In Insurance Market Analysis: Researchreportsinc.com, Published a New Report On . Global Blockchain In Insurance Market valued …
Blockchain In Insurance Market.png

Blockchain In Insurance Market Analysis:Researchreportsinc.com, Published a New Report On. Global Blockchain In Insurance Market valued approximately USD 17 million in 2016 is anticipated to grow with a healthy growth rate of more than 85% over the forecast period 2017-2025.

The major growth drivers of the market include the emerging need to have transparent and trustworthy systems, and the overall trends witnessed in the insurance sector related to increase in claims-related frauds. Companies, mostly large enterprises, get venture funding to develop supportive infrastructure for blockchain integration. Large enterprises are expected to dominate the market in terms of market share, as such enterprises are continuously investing in their R&D activities to improve their overall performance and provide customer satisfaction.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

The Detailed Segments And Sub-Segment Of The Market Are Explained Below:

Blockchain In Insurance Market Segmentation By Application:

GRC Management

Death & Claim Management

Payments

Identity Management & Fraud detection

Smart Contracts

Others

Blockchain In Insurance Market Segmentation By Organization Size:

SMEs

Large Scale

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The major market player included in this report are:

IBM, Oracle, Microsoft, AWS, SAP., Earthport, BTL Group, BitFury, Factom, Bitpay and so on.

The regional analysis of Global Blockchain In Insurance Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to rising ageing population and favorable government support in the region. Further, Europe is estimated to grow at higher rate in the global Blockchain In Insurance market over the upcoming years due to increasing infrastructural development in healthcare. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to string economic growth and increasing disposable income in the region.



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Summary:

An exclusive Blockchain In Insurance Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Blockchain In Insurance Market by Type, By Application, By Region

TABLE OF CONTENTS:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Key Trends

1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Blockchain In Insurance Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Blockchain In Insurance Market Dynamics

3.1. See Saw Analysis

Chapter 4. Blockchain In Insurance Market Industry Analysis

4.1. Porter’s 5 Force Model

4.2. PEST Analysis

4.3. Value Chain Analysis

4.4. Key Buying Criteria

4.5. Regulatory Framework

T.O.C Contains More Information…

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Direct Line Insurance Group (LON:DLG) PT Lowered to GBX 331

Direct Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX …

Direct Line Insurance Group logoDirect Line Insurance Group (LON:DLG) had its price target lowered by equities research analysts at Berenberg Bank from GBX 344 ($4.49) to GBX 331 ($4.33) in a research note issued to investors on Thursday, August 29th, Digital Look reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price objective indicates a potential upside of 9.64% from the stock’s previous close.

A number of other research firms have also recently commented on DLG. UBS Group reiterated a “buy” rating on shares of Direct Line Insurance Group in a research report on Monday, July 29th. Morgan Stanley reissued an “overweight” rating on shares of Direct Line Insurance Group in a research note on Wednesday, June 19th. JPMorgan Chase & Co. decreased their price target on Direct Line Insurance Group from GBX 360 ($4.70) to GBX 345 ($4.51) and set a “neutral” rating on the stock in a research note on Monday, July 8th. Shore Capital reaffirmed a “buy” rating on shares of Direct Line Insurance Group in a research note on Wednesday, July 31st. Finally, Peel Hunt reaffirmed an “add” rating and issued a GBX 350 ($4.57) price objective (up from GBX 345 ($4.51)) on shares of Direct Line Insurance Group in a research note on Monday, July 29th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. Direct Line Insurance Group presently has a consensus rating of “Hold” and a consensus price target of GBX 354.36 ($4.63).

Shares of DLG stock opened at GBX 301.90 ($3.94) on Thursday. The stock has a market cap of $4.15 billion and a P/E ratio of 9.68. The business has a fifty day simple moving average of GBX 303.49 and a 200-day simple moving average of GBX 329.03. Direct Line Insurance Group has a fifty-two week low of GBX 278.80 ($3.64) and a fifty-two week high of GBX 366.60 ($4.79). The company has a quick ratio of 0.34, a current ratio of 0.55 and a debt-to-equity ratio of 16.68.

About Direct Line Insurance Group

Direct Line Insurance Group plc provides general insurance products and services in the United Kingdom. It operates through Motor, Home, Rescue and Other Personal Lines, and Commercial segments. The company offers personal motor, home, and rescue insurance products, as well as other personal line insurance products, including travel, pet, and creditor products; and commercial insurance for small and medium-sized enterprises.

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Analyst Recommendations for Direct Line Insurance Group (LON:DLG)

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Blockchain Insurance Market 2019 Global Industry Growth Analysis, Segmentation, Size, Share …

DataIntelo offers a report with actionable insights and capably delivers actionable insights on market challenges. The report Blockchain Insurance …

DataIntelo offers a report with actionable insights and capably delivers actionable insights on market challenges. The report Blockchain Insurance market exhibits a detailed analysis for clients helping them to understand present and future market conditions based on factual data. Additionally, the report offers market information that helps the clients to seek for solutions through this report.

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Insurance giants and startups alike are attempting to use blockchain technology to prevent insurance fraud, digitally track medical records, and more. Blockchain Insurance is the future for the insurance industry as it solves challenges in the current insurance industry.

In 2018, the global Blockchain Insurance market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global Blockchain Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Blockchain Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

AXA

Blue Cross

Etherisc

Guardtime

FidentiaX

Lemonade

Teambrella

InsCoin

B3i

IBM

Market segment by Type, the product can be split into

Agricultural Insurance

Event Disruption from Weather

Flooding

Vehicles

Property

Personal Accident Plans + Life Insurance

Travel Insurance + Flight Delays

Others

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Market segment by Application, split into

Individuals

Groups

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Blockchain Insurance status, future forecast, growth opportunity, key market and key players.

To present the Blockchain Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Blockchain Insurance are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Customization of the report –

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Most important Topics covered in this report are –

1. Market Trends & Issues

2. Growth Drivers & Enablers

3. Growth Inhibitors

4. Opportunities and Challenges

5. Recent Industry Activity

6. Product Innovations & Trends

7. Coverage of Major & Niche Players

8. Comprehensive Geographic Coverage

9. Extensive Product Coverage

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