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B3i Services AG, the Zurich-based blockchain consortium targeting the insurance sector, on Wednesday named John Carolin as CEO.
Mr. Carolin, who joined B3i as chief financial officer in March 2018, was named interim CEO in March 2019 after former CEO Paul Meeusen stepped back and became an adviser to the B3i board.
Antony Elliott, B3i’s chairman, said in a statement that Mr. Carolin “has demonstrated as interim CEO that he understands both the insurance market and how to deliver a compelling product.”
B3i was founded in October 2016 as an insurance industry blockchain consortium. It is supported by more than 40 companies, including 17 insurance industry investors, according to the statement.
MIAMI — The information sharing and collaboration that blockchain technology fosters should lead to improved risk assessment processes, insurance and technology experts say.