EURAPCO UNITY

UNIQUE SOLUTION FOR THE MARITIME REINSURANCE INDUSTRY

CASE STUDY

EURAPCO UNITY

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.

Trusted

A new world of digitalization has opened up for us. Documents are quickly accessed and via a chat message the transaction is transmitted to all partners. All data remains in the blockchain and cannot be altered. I am convinced that we will generate considerable time savings and am already excited about what this system can achieve.

 

Dieter Lammertz, Head of Marine & Fine Art, la Mobilière 

Right Technology
Ideal Solution

SHARED DATABASE

Access to a high quality and structured dataset that will improve risk analysis and audit / compliance performance.

Process Efficiency

Driven by a reduction in the administrative effort of placement, binding, accounting and reporting activities.

Accelerate Financial Closing

Substantially reduce the effort and errors associated with data transfer, manipulation and reconciliation.

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