Insurance

  • Corporate Capital Completes Funding Partnership...

    Corporate Capital Inc. a Long Island-based business lender confirmed a funding partnership with Scale Operations Management, LLC. The funding agreement is the latest in a string of contracts signed by Scale Operations Founder Andrew Ukpabi. 

  • BIG BUSINESS MOVES INTO BLOCKCHAIN: ACORD, EY,...

    ACORD Solutions Group, accounting giant EY, technology giant Microsoft and the Maersk, the world’s largest shipping company have combined to launch the world’s first marine insurance blockchain platform. EY said that the distributed ledger will be used to capture information about shipments, risk and liability, and to help firms comply with insurance regulations. It will also ensure transparency across an interconnected network of clients, brokers, insurers and other third parties.

  • Maersk and Microsoft Tested a Blockchain for...

    When shipping goods from A to B, any number of things can go wrong: cargo gets damaged, a congested port delays docking, a storm throws a vessel off course, pirates raid a ship. So shippers buy insurance through a complex jumble of brokers and underwriters to manage the risk to their freight.

  • Cabot Oil & Gas Corporation (COG) Position...

    Nippon Life Insurance Co. reduced its position in shares of Cabot Oil & Gas Corporation (NYSE:COG) by 1.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission.

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BIG BUSINESS MOVES INTO BLOCKCHAIN: ACORD, EY, MICROSOFT, MAERSK

ACORD Solutions Group, accounting giant EY, technology giant Microsoft and the Maersk, the world’s largest shipping company have combined to launch the world’s first marine insurance blockchain platform. EY said that the distributed ledger will be used to capture information about shipments, risk and liability, and to help firms comply with insurance regulations. It will also ensure transparency across an interconnected network of clients, brokers, insurers and other third parties.

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