Extraordinary Re Partners with Nasdaq for Blockchain Insurance Risk Marketplace

Nasdaq will contribute matching engine technology for distributed ledger-powered platform.

storm_idm0617

Insurance-linked securities represent a market of around $90 billion, and are perhaps best known for so-called Cat bonds, or catastrophe bonds, which cover insurers in the event of natural disasters and similar events.

Extraordinary Re is planning to utilize DLT and a private cloud as part of the technology foundation for its platform, which is embedded within a Bermuda-domiciled reinsurer, allowing access to liquidity in the ILS market.

Will Dove, chairman and CEO at ExtraordinaryRe, tells Wa

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here