Blockchain in Insurance

I Learned How Much We Need Blockchain From A Falling Branch Destroying My Car

November 21, 2019 by Forbes

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....

Marsh Pilots Blockchain-Powered Insurance Placement and Binding Process

September 25, 2019 by Insurance Journal

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...

Blockchain technology worth investing for the banking industry, say experts

September 9, 2019 by Moneycontrol

Blockchain is developed to resolve the trade-offs of data partitioning and promises to preserve both consistency and availability using different consensus protocols. Even as the adoption of...

Italy Plans to Create Blockchain-based Smart Parametric Insurance Policies

July 16, 2019 by CoinIdol

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...

State Farm, USAA to Pay Each Other Insurance Claims on Blockchain by 2020

May 30, 2019 by CoinDesk

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...

Insurance Broker Marsh Rolls Out Proof of Insurance Blockchain App to US Clients

April 26, 2019 by Cointelegraph

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)...

Building trust in the insurance industry with blockchain at InsureTech Connect

October 22, 2018 by IBMBlockchain

IBM Distinguished Engineer, Bertrand Portier, leads a panel discussing how blockchain is bringing trust and security to the insurance industry. He’s joined by Salesforce Global Head of...

Inclusive Insurance? Businesses See Blockchain As Change-Enabler

May 4, 2018 by CoinDesk

The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain. A term coined at the turn of the...

Blockchain Implications Every Insurance Company Needs To Consider Now

October 31, 2017 by Forbes

The potential for blockchain technology to disrupt the insurance industry and change the way we share data, process claims and prevent fraud is intriguing, but we’re still in the...

Healthcare payments re-imagined with blockchain

October 6, 2017 by IBMBlockchain

See how IBM Blockchain can help transform the healthcare payments process by making it more efficient, transparent and interoperable. This video explores the applicability of IBM Blockchain...