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Media Release,

Following incorporation of B3i Services AG, the company has commenced structuring its 2nd funding round. B3i is a company which is at the cutting edge of delivering innovative blockchain technology for the re/insurance industry, which already has a strong network of members and excellent feedback on the first product. Please note that B3i's funding round is a private placement for institutional investors only. 

For more information, please contact us via investor@b3i.tech.

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Media Release,

Monday 26th March 2018

- Transition to independent legal entity significant milestone for B3i
- B3i Services AG to commercialise blockchain solutions for re/insurance
- First product demonstrated efficiency gains of up to 30% in initial testing

The Blockchain Insurance Industry Initiative (B3i) is pleased to announce the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed by the founders of B3i.

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B3i independent research provides encouraging support for a positive business case as it prepares to launch a legal entity.

Market analysis commissioned by B3i and conducted by Stern Stewart & Co during November 2017 with the 15 B3i members and 23 Market Testers produced positive results, which are considered both conservative and very material for the consortium. The survey had a 90% response rate and the results were aggregated and analysed independently by Stern Stewart in order to maintain confidentiality and credibility.

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Media Release,

photo of audience at summit

The B3i Autumn Summit brought together 130 participants from 38 member companies to discuss developments, achievements and next steps.

The B3i Autumn Summit which was held in Munich on 15 & 16 November was organised to bring together member companies principally to share the results of the prototype market testing phase, discuss future use cases and receive information about the launch of the new legal entity and investment opportunities.

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