Friday 15 May 2020

Monsoon Blockchain, Marsh to offer solutions for digital assets, investments

KUALA LUMPUR, May 14 -- Asia’s premier blockchain company, Monsoon Blockchain Corporation has worked with the world’s largest insurance broker and risk adviser, Marsh, which signifies a major move for the blockchain and insurance and risk management sectors globally.

According to a statement, Monsoon will work with Marsh to offer a range of risk management and risk transfer solutions for digital assets and investments.

With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of Marsh & McLennan Companies.                   

“We are delighted to work with Marsh, which is transforming the Insurance and Risk Management industries using the Blockchain,” said Monsoon chief executive officer (CEO), Dr Donald Basile.

Monsoon Blockchain Corporation is focused on innovative cloud solutions in the blockchain ecosystem. Dr Basile, its CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook.

Recently, the company added advisory board members Ken Goldman, President of Hillspire (Eric Schmidt’s family office), and former CFO of Yahoo and Fortinet, and Xiaoma Lu, former Dalian Wanda Investments CEO and former board member of the Shenzhen Stock Exchange to their team.

-- BERNAMA

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