B3i

CEO
John Carolin
Lead Investor
various insurers
Key Customers
Insurers
Headquarter: City, Country
Zurich, Switzerland
www
www.b3i.tech
Value Proposition

B3i is creating a better insurance industry by developing standards, protocols and network infrastructure to remove friction in risk transfer.  B3i’s shareholders and participants believe that new technologies can give end consumers of insurance better and faster access to insurance. 

By acting together, we can optimise and automate market-wide processes, generating significant savings in time and cost that cannot be achieved by insurers or intermediaries acting alone. 

B3i Services AG was incorporated in 2018 and is 100% owned by 20 insurance market participants around the world. 

Altogether, more than 40 companies are involved in B3i as shareholders, customers, and community members. 

B3i Reinsurance (B3i Re) is their first application built on top of the B3i Fluidity platform. The initial version supports the electronic placement and administration of Property Catastrophe Excess of Loss (Cat XoL) treaties, from structuring the submission to negotiating, binding, endorsing and technical accounting. The application has been developed in close collaboration with Brokers, Insurers and Reinsurers to ensure that the product matches all the requirements and brings value to all the stakeholders.

Founding Year
2016
Founder(s)
various insurers
Venture Type
Corporate Venture
Stage
Series D
Overall Funding in M EUR
not disclosed

Focus

Line of Business
P/C
Motor
Health
Travel
Legal
Life
Pension & Finance
Verticals
Reinsurance
Bancassurance
Segment
Personal
SME Commercial
Corporate Specialties
Value Chain
Distribution & Sales Enablement
Product Design
Underwriting & Pricing
Policy Administration
Claims Management
Customer Service
Analytics & Reporting
Add-on Services
Reinsurance & Finance
Proposition
Risk Carrier
MGA
Distributor (B2C, B2B) / Broker
Aggregator
Distributor Enablement (B2B2C)
Value Chain Enabler & Solution Provider
Reinsurance contracts
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