Copy link
Increase text size
Decrease text size
Link copied

Blockchain insurance startup B3i appoints John Carolin as CEO

Source:B3i

Wed, 17 Jul 2019, 12:47 pm UTC

Blockchain insurance startup B3i has announced the appointment of John Carolin as chief executive officer.

In late 2016, 15 global insurers and reinsurers came together for a collaborative effort to explore and test the potential of blockchain and formed B3i. In April 2018, the founding entities incorporated B3i Services AG in Zurich, Switzerland as an independent company.

Carolin joined B3i as Chief Financial Officer in March 2018. He has now taken the helm of the company as the CEO after serving as interim CEO since March 2019, which saw him managing the delivery of B3i’s first soon-to-be-launched product, a Cat XOL reinsurance placement system built on R3 Corda’s platform.

He has extensive experience in the risk transfer industry including both insurance and reinsurance, as well as technology and entrepreneurship. Carolin has founded, led, or grown ventures that include a carbon offset platform, a retail property asset manager and a B2B advertising marketplace.

“John has a unique blend of experience working with both corporates and start-ups, which the Board of Directors and I believe makes him ideally suited to lead the new B3i. He has demonstrated as interim CEO that he understands both the insurance market and how to deliver a compelling product,” Antony Elliott, Chairman of the Board of B3i, said.

Carolin will now lead the company into “a customer-centric software development company that partners with and serves the global insurance industry, its brokers, and its customers,” the release said.

“B3i will enable material time and cost savings that can only be achieved by working together as an industry rather than alone. B3i has the extraordinary advantage of being entirely owned by 17 of its customers and having already built a community of more than 40 insurers, reinsurers, brokers, and related companies,” he said.

Earlier this year, B3i raised around $16 million in a funding round. In April, the company announced the expansion of the group of investors in the ongoing funding round, followed by the addition of SBI Group to the investor cohort. At its hackathon last month, it successfully tested the live application of B3i’s Property Catastrophe Excess of Loss Reinsurance application.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.07.21 08:48:45
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .......................................
................................................................................................................................................................................................................................................
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $32,728.00 (+1.63%)
  • Ethereum (eth) $2,060.16 (+2.37%)
  • Tether (usdt) $1.00 (+0.05%)
  • Binance Coin (bnb) $290.87 (-0.80%)
  • Cardano (ada) $1.17 (-0.21%)
  • Bitcoin (btc) $32,728.00 (+1.63%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft