(1) ZURICH, Jan. 26, 2021 /PRNewswire/ -- Eurapco, a strategic alliance of eight primarily mutual European insurers, and B3i Services AG, a global industry-led blockchain initiative, have announced the launch of Eurapco Unity, the first global operational solution on blockchain infrastructure, enabling the transfer of facultative risks within a network of companies. Blockchain has been long touted as a revolutionary technology with the potential to transform the insurance ecosystem by automating processes, increasing efficiency, security, data accuracy, fraud detection, and reducing costs. The Eurapco Board and its Chairman, Luca Filippone, asked the General Manager of Eurapco, Wilma de Bruijn, to identify an opportunity for blockchain within the alliance. De Bruijn's first decision was to create a workstream with a specific goal: identify business cases across Eurapco partners where blockchain offers improvements to existing processes, encourages innovation, and helps gaining hands-on understanding of the technology.