In a reinsurance industry first , blockchain solutions company ChainThat has created BIE (BIE), a distributed ledger technology-driven risk and capital exchange. It is expected to go live with a production trial in July 2019. the Bermuda Insurance Exchange will allow brokers and reinsurance companies to access capital markets via blockchain. The exchange will first function as a traditional reinsurance market, and ultimately evolve to provide trading of insurance-linked securities ( BIE ), securities and warranties. ChainThat is expected to launch a product trial of BIE in July 2019 .
In a reinsurance industry first , blockchain solutions company ChainThat has created BIE (BIE), a distributed ledger technology-driven risk and capital exchange. the Bermuda Insurance Exchange will allow brokers and reinsurance companies to access capital markets via blockchain. The exchange will first function as a traditional reinsurance market, and ultimately evolve to provide trading of insurance-linked securities ( BIE ), securities and warranties. ChainThat is expected to launch a product trial of BIE in July 2019 .