traditional insurance

BDIC Launches to Transform Crypto Security

February 3, 20254 min

Palm Beach, Florida-based Blockchain Deposit Insurance Consultant Group LLC has announced the launch of its new international entity, Blockchain Deposit Insurance Corporation (BDIC), along with its official website, www.BDICinsurance.com. This venture aims to revolutionize cryptocurrency insurance by providing digital wallet insurance for preferred cryptocurrencies, ensuring security and trust in everyday financial transactions. BDIC is establishing its headquarters in Bermuda, with affiliate offices in Switzerland, Hong Kong/Greater China, Canada, and South America. In the coming months, BDIC...

by PRNewswire

Insurance

Irys Insurtech, Inc. closes $3.5 Million Seed Round

August 28, 20234 min

Irys Insurtech, Inc., a pioneering insurtech startup, has closed a seed funding round of $3.5 million, marking its entrance into the market dominated by stagnant legacy agency management systems. The funding round was led by Markd, known for its keen interest in groundbreaking insurtech innovations. This investment heralds a new era where traditional insurance distribution processes are challenged and redefined. Irys, established in 2021, is an open API software platform with a mission to break down the...