GEN RE FOCUS AT BLOCKCHAIN TECHNOLOGY
Ethereum blockchain-based iXledger (some time ago InsureX Technologies) reported an association with Berkshire Hathaway-possessed reinsurance supplier General Re (Gen Re). The organizations will cooperate to “create answers forever and medical coverage using blockchain and other propelled innovations.” Built on the Ethereum blockchain, iXledger is extending all through Europe and Asia from its London home office. Thus, Gen Re, which has $13 billion in capital and $5.6 billion in premiums, is one of the bigger reinsurers serving the life, wellbeing, property, and loss protection enterprises. Cooperating, the organizations will use their similar favorable circumstances to create blockchain arrangements. On the organization, Ross Campbell, Chief Underwriter of Life/Health Research and Development at Gen Re, stated, “We are exceptionally satisfied to have built up this key coordinated effort with iXledger to make transformative arrangements that better serve the necessities of our ...