Blockchain in Insurance

Given current monetary policy, the insurance industry and bitcoin are a match made in heaven. Here’s why. Early on the morning of March 10, NYDIG, a financial...

One of the biggest types of insurance fraud is double-dipping, where a claimant gets multiple insurers to pay out for the same incident. KPMG estimates that fraud...

Today AON, the world’s second-largest insurance broker, said it plans to run a pilot with insurtech startup Nayms, which uses the public Ethereum blockchain. As the startup’s name suggests,...

My car was safely parked in my driveway. A large branch broke off of a tree that had recently been checked by an arborist and declared healthy....

Insurance broker Marsh is piloting a digital insurance placement platform that it says has the potential to let clients, carriers and its brokers share real time information...

Italy is considering starting smart parametric policies with automatic reimbursement based on blockchain, smart contract and distributed technology (DLT). The policies will cover the risks related to...

U.S. insurance giants State Farm and USAA have entered advanced testing of a blockchain to automate the time-consuming and paper-heavy processing of automobile claims. Announced Thursday, the...

Canada-based global insurance broker Marsh will soon roll out its proof of insurance (POI) blockchain platform to American commercial clients, the firm announced in a press release on April 25. First launched as a Proof of concept (PoC)...