BERMUDA : ChainThat has announced its approval to be the first company to join The Bermuda Monetary Authority (BMA) Innovation Hub .
ChainThat has become a leading provider of InsurTech solutions that enable insurance business leaders to bring about the changes they want to see. In Utilising Distributed Ledger Technology and smart contracts, ChainThat’s solutions can deliver transformational business efficiency and cut frictional costs, boosting combined operating ratios .
Kathleen Faries added: “I am keenly interested in seeing the Bermuda market lead the way on a digital marketplace especially given how uniquely positioned we are to execute on this initiative.I am excited to be a part of exploring how we can apply the technology and expertise that ChainThat offers to future-proof and grow the Bermuda (re)insurance market.”
ChainThat launches the world’s first technology-driven insurance and reinsurance risk and capital exchange
HAMILTON, Bermuda. 05 March 2019: A revolutionary blockchain risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and insurance companies access to the capital markets using blockchain.
ChainThat, a specialist provider of blockchain solutions serving the insurance and reinsurance industry, has announced the appointment of Rebecca Oliver to the newly-created role of Business Development Director.
Industry innovation: David Edwards, CEO of ChainThat. The company is bringing distributed ledger technology to the insurance sector. Things are moving in the world of blockchain, and ChainThat sees itself among the forefront of those bringing distributed-ledger innovation to the insurance sector
Xceedance and ChainThat, strategic partners and global providers of insurance consulting, managed services, technology, data sciences, and blockchain, are pleased to announce several strategic personnel moves designed to expand the partner companies’ reach and to accommodate increasing demand for services to a global client base.
Eight years ago, the writer Malcolm Gladwell described a tipping point as “the moment of critical mass, the threshold, the boiling point” when ideas or products take off and move from the periphery of one’s experience to become ubiquitous.
The use of blockchain is already having a very positive effect on many parts of the industry, but cryptocurrencies must stabilise and solve challenges around privacy before they can play any meaningful role, David Edwards, CEO of ChainThat, told Monte Carlo Today.
ChainThat, a provider of block chain solutions for the insurance and reinsurance industry, is pleased to announce that it has successfully completed a Distributed Ledger Technology (DLT) prototype focused on claims agreements.