Company Information

Get to know B3i

Initially formed as a consortium in 2016 by major global insurers and reinsurers like Allianz, Munich Re, Swiss Re, and Zurich, B3i (Blockchain Insurance Industry Initiative) was incorporated as B3i Services AG in 2018. The company's mission was to build and provide a shared DLT platform, built on R3's Corda, to increase efficiency, transparency, and security in the insurance sector. It developed applications for processes like reinsurance contract placement (e.g., Catastrophe Excess of Loss) but ultimately failed to gain sufficient commercial traction and market adoption. The company ceased operations and went into liquidation in July 2022.

Industry

Technology Software DevelopmentPRIMARY
Crypto Cryptocurrency
Financial Insurance

Contact

Social

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

B3i

Switzerland

Founded in

3月 2018 (8 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Others

--/10

Reviews

--/90

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.