Eurapco, a strategic alliance of eight primarily mutual European insurers, and B3i Services AG, a global industry-led initiative, have announced the launch of Eurapco Unity, the first global operational solution on blockchain infrastructure, enabling the transfer of facultative risks within a network of companies.

Following in-depth market and technological research, Eurapco selected Marine insurance and reinsurance as areas where blockchain can bring concrete benefits by increasing transparency and security, while significantly reducing administrative effort.