Bitcoin Would See Billions of Inflows If All Life Insurance Firms Followed Ma...
MassMutual shocked the industry yesterday when it purchased Bitcoin to complement its general investment account. Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a long-standing life insurance company that services five million clients. It is based in the city of Springfield, Massachusetts, with over 7,000 employees. The company is reported to own over […]
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Polkacover, the ingenious platform that bridges the gap between traditional insurance companies and crypto-insurance products has just launched its Demo Decentralized Application, demonstrating how users can connect with several insurance providers offering global insurance products such as crypto-related protection, health, life, and more, with ease. Polkacover is the first decentralized insurance marketplace for the DeFi […]
The investment services firm said its new global head of insurance solutions would be spearheading the effort. New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin.In an announcement today, the New York Digital Investment Group, or NYDG, said it had secured $100 million in funding from major insurance providers including Starr Insurance, Liberty Mutual Insurance, and others in addition to its existing strategic partners, New York Life and MassMutual. A provider of Bitcoin-related....
Various aspects of the financial sector need to be made more transparent. Teambrella aims to become a peer-to-peer insurance service utilizing Bitcoin and blockchain technology, giving users full control over all aspects of finance. Anyone who has ever dealt with an insurance company in their life will have noticed the experience is not all that....
Recent fund flow data across US-listed crypto investment products is revealing a notable divergence in investor behavior, as Ethereum-focused funds continue to shed billions in capital, and XRP-linked products are recording steady inflows that now place them among the strongest performers in the Spot crypto ETF market. Data from SoSoValue shows that this divergence has […]
New York-based R3, the blockchain startup heading the prominent private banking blockchain consortium has now added Hong Kong-based life insurance group AIA. Blockchain startup R3 is continuing its foray to recruit Asian financial institutions with the addition of AIA Group, a Hong Kong-based life insurance group to its roster of global members. The AIA Group, the largest publicly listed independent pan-Asian life insurance group will collaborate with 50 of the world’s largest financial institutions, including banks, to develop blockchain-based commercial applications for the financial....