Re, a blockchain-powered reinsurance company, has raised $14 million in seed-round funding to build a decentralised system for investors which will allow them to gain exposure to “a massive and uncorrelated asset class” that is insurance premiums.

Paris-based insurtech company Riskee is changing its name to Olino and announcing the close of a €2.2 million funding round to accelerate its growth.

Our investors have been instrumental to our growth and continued innovations,” Thomas continued. “We are excited and humbled to work with such great partners and look forward to continued growth.”