Speaker: Sylvain De Crom, CPO B3i 15th November 2018 at the B3i Community Conference, Amsterdam

1. ©B3i 2018
Amsterdam, 15
th
November 2018
B3i Products and the Early Mover Program

2. ©B3i 2018
Agenda
2 B3i Products and the EMP
1. High level product functionality
2. Product roadmap
3. Next Steps – Onboard the EMP and B3i Community

3. ©B3i 2018
Source: https://www.pexels.com/photo/architecture-buildings-business-city-374603/
High level product functionality

4. ©B3i 2018
Why DLT
4 B3i Products and the EMP

5. ©B3i 20185 B3i Products and the EMP
Insurance value chain
Reinsurer
Policy
Holders
InsurerIntermediary Intermediary

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Traditional
1
12
23
3
Shared Distributed Ledger
Contract Certainty
B3i Products and the EMP
34
45
5
3
34
45
5
3
34
45
6
6
5
5
Risk Originator Risk Intermediary
Risk TakerS
56
12
12
3
3
34
4
4
5
5
53
3
34
4
4
5
5
5
3
3
34
4
4
5
5
56
6
6
Risk
Originator
Risk
Intermediary
Risk Taker
Risk Taker
Risk Taker
6
!

7. ©B3i 2018
Traditional Shared Distributed Ledger
Efficiency
7
2
2
2
2
2
2
2
2 2 2
3
3
3
3
3
3
3
3 3 3
3
3 3 3
3
3
3
3
3
3
B3i Products and the EMP
Risk Originator Risk Intermediary
Risk Taker
Risk
Originator
Risk
Intermediary
Risk Taker
Risk TakerRisk Taker

8. ©B3i 2018
2018: From Prototype to Product
B3i Products and the EMP
2017: Prototype 2018: Product
The journey: Lots of testers Two Sprint teams Delivery team: 25 FTE2988 dev tickets
8

9. ©B3i 20189 B3i Products and the EMP
Source: https://www.pexels.com/photo/architecture-buildings-business-city-374603/
Product Roadmap

10. ©B3i 2018
Medium term roadmap (I/II)
B3i Products and the EMP10
P&C
Reinsurance
Life&Health
Reinsurance
P&CCommercial
Insurance
2018 2019 2020 2022 20232021
Generic Contract
P&C Cat
Local / Special
P&C Types (QS, Fac, Surpl, Agg SL, etc)
Local / Special
Local / Special
Health Types (QS, Agg SL, XoL, etc)
Local / Special
Life (& TPD) Foundation & YRT
Local / Special
Life Types (Level, Surplus, AggSL, etc)
Local / Special
Health Surplus
Local / special
P&C Cat (Contract)
CI Property Global
CI Property other Locals
CI Multinational Programs
CI Products (Casualty, Liability, Motor, Marine, etc)
CI Property DE, IT, FR, US
Local / special
10

11. ©B3i 2018
Medium term roadmap (II/II)
B3i Products and the EMP11
P&C
Insurance
Life&Health
insuranceOthers
2018 2019 2020 2022 20232021
Insurance P&C Foundation & Household
Local / special
P&C Products (Car, Liability, etc)
Local / special
Multi party netting
Settlement
Historic contract
Local / special
MGA
Local / special
Financial market risk exit (e.g. LS) [close cooperation B3i and Banking cons]
Insurance Life (& TPD) Foundation & Level
Local / special
Life Products (AD, TAD, RP, ML, etc)
Local / special
Health Base
Local / special
Local / special (e.g. collateralized)
Risk pools
11

12. ©B3i 2018
Roadmap: Component reusability = core principle
12 B3i Products and the EMP
P&CReinsuranceP&CCommercialInsurance
Early movers
programme (EMP)
MVP
Make Block
Tender and
quotation
Create
contract
Lender
negotiation
& signing
Writing &
signing
follower
Endorse-
ments
Tech.
Accounting
Comp. X
Re
PropCat QS
Loss
event
Comp. A
Re
Clauses Library Fac Reinsurance
Loss
Accounting
...
Payment /
Settlement
...
LINESOFBUSINESS
Risk Details ClausesStart Proportional Prop &
Accounting
...
...
...
Comp. Y
Re
...
Comp. B
Re
Comp. X
CI
...
...
...
Comp. A
CI
...
...
...
...
...
...
...
...
...
Comp. B
CI
...
Comp. Y
CI
...
...
...
...
...
Note, most blocks are reusable, even though not every block has an arrow
…Start … …
…
...
...
...
…
...
...
...
...
...
...
...
...
...
…
...
...
...
…
…
...
...
…
…
…
...
…
...
L&HReinsurance

13. ©B3i 2018
Video demo
B3i Products and the EMP13

14. ©B3i 2018
Source: https://en.wikipedia.org/wiki/Spyker#/media/File:1903_Spyker_60HP_Four_Wheel_Drive_Racing_Car_photo15.JPG/
2018 delivery - Early Mover Program

15. ©B3i 2018
Roll out of the initial B3i network
Deployment of the initial B3i application
Deployment of on-site hosted B3i nodes
The EMP (Early Mover Program)
15 B3i Products and the EMP
Setup of realistic contracts on a production environment
Gain experience & feedback from B3i applications with realistic contracts

16. ©B3i 2018
EMP - The first wave of clients are rolling out B3i
16 B3i Products and the EMP

17. ©B3i 2018
Early Mover Project
17 B3i Products and the EMP
0.5: UI
Staging
0.1: Smoke Test
Persistence
0.3: Codex
0.4: Certificates
UAT
PRODPROD
UAT
0.2: Persistence
Stage September October November December Environment
08.10
15.10
29.10
05.11
19.11
03.12
Progress

18. ©B3i 2018 Source: https://www.goodfreephotos.com/united-states/nevada/other-nevada/horses-running-under-the-rainbow.jpg.php
Next steps

19. ©B3i 2018
P&C Reinsurance – going live at 1
st
January 2019
Community, Requirements definition & Prototype testingFeb 17 – Nov 17
Foundational and Core Development & testingFeb 18 – Dec 18
2nd wave of Early Mover ProgramJan 19 – Apr 19
Commercial deploymentJul 19
B3i Products and the EMP
Post-placement Development & TestingJan 19 – Jun 19
19

20. ©B3i 2018
P&C Commercial Insurance – Application going live in 12 months
Community & Requirement definition
Global core development & testing
Local components development & testing
Pilot countries deployment
Nov 18 - Jan 19
Jan 19 - Jul 19
May 19 - Sep 19
Sep 19 - Oct 19
B3i Products and the EMP20