Game changer: The Blockchain initiative is particularly important in insurance, where the secure and efficient exchange of information can benefit from disruptive technology.
NEW YORK: A consortium aimed at developing ways blockchain can be used to improve processes in the insurance sector has added 10 new members as it prepares to test the emerging technology in a data-sharing experiment.
New members joining the Blockchain Insurance Industry Initiative (B3i) include Hannover Re, Assicurazioni Generali SpA, Ageas NV, Liberty Mutual and Japan Nipponkoa Insurance, the group said on Monday.
