DeFi Insurance Claims Reach $34.4 Million
The decentralized finance (DeFi) industry has seen remarkable growth in recent years, with more than $160 billion in total value locked in various protocols and applications as of March 2023.…
Zetrix Announces Launch of NFT-based Insurance Product Covinsure
Public blockchain network Zetrix announced the launch of Covinsure, a non-fungible token (NFT)-based insurance product. According to Zetrix, Covinsure will provide insurance by using blockchain technology and cryptocurrency as a…
Lemonade to Offer Blockchain-Powered Climate Insurance for Farmers in Emerging Markets
Lemonade, a top American insurance company, has revealed the formation of the Lemonade Crypto Climate Coalition meant to offer blockchain-enabled climate insurance to the most vulnerable farmers across the globe.…
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The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns Of ‘Immediate Negative Implications’
All of the ‘Big Three’ credit agencies have said that El Salvador’s adoption of bitcoin could affect the country’s credit rating in a negative manner. After both Moody’s and Fitch…
APOLLO Insurance Partners With Homewise To Offer Homebuyers Access To Integrated Digital Insurance
VANCOUVER, British Columbia–(BUSINESS WIRE)–Apollo Insurance Solutions Ltd. (“APOLLO Insurance”), Canada’s leading online insurance provider, has partnered with Homewise to offer immediate digital insurance products, specifically tailored to Canadian home buyers…
Kin Insurance Grows Total Written Premium By 287% Year-Over-Year In Second Quarter 2021
CHICAGO–(BUSINESS WIRE)–Kin Insurance (“Kin” or the “Company”), a leading direct-to-consumer homeowners insurance technology company that has entered into a definitive business combination agreement with Omnichannel Acquisition Corp. (NYSE: OCA) (“Omnichannel”),…
Riskonnect Named In Business Insurance’s Annual Best Places To Work In Insurance
ATLANTA–(BUSINESS WIRE)–Riskonnect, the leader in integrated risk management solutions, today announced it has been named in the annual Best Places to Work in Insurance program. The accolade recognizes the provider…
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Chinese Banks Seek New Applications For Digital Yuan In Investment And Insurance
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment…
APOLLO Insurance Partners With Perch To Offer Their Customers Access To Immediate Digital Insurance
VANCOUVER, British Columbia–(BUSINESS WIRE)–APOLLO Insurance Solutions Ltd. (“APOLLO Insurance”) Canada’s leading online insurance provider, has partnered with Perch to offer immediate digital insurance products, specifically tailored to the thousands of…
CORRECTING And REPLACING APOLLO Insurance Partners With Landlord Credit Bureau To Offer Their Landlord And Tenant Members Seamless Access To Digital Insurance
VANCOUVER, British Columbia–(BUSINESS WIRE)–Please replace the release from August 19, 2021 with the following corrected version due to multiple revisions. The updated release reads: APOLLO INSURANCE PARTNERS WITH LANDLORD CREDIT…