Theodore (Ted) J. Mlynar andRobert M. Fettman | Hogan Lovells | May 23, 2019 In the last several years, we have seen a new crop of digital products and services enter the lexicon of the insurance industry. And with these, inevitably comes a myriad array of insurance regulatory issues. Usage-based insurance, peer-to-peer insurance, machine-learning algorithms,… Continue reading How Blockchain and Smart Contracts will Change the Face of Insurance in the U.S.
Tag: Blockchain
The Trick to Getting Blockchain to Work for Insurance
Jason Contant | Canadian Underwriter | July 30, 2018 The trick to getting blockchain to work in the insurance space is getting all the players in the market to align and agree on common standards and a way to govern the blockchain, Aon Benfield’s chief information officer said Friday. “There’s a massive efficiency play there if you… Continue reading The Trick to Getting Blockchain to Work for Insurance
Blockchain: Mechanics and Magic
Stephen J. Mildenhall | Aon The Blockchain cures all ails. It is an immutable (unchangeable) and unhackable database. It lowers transaction costs and enables trust between strangers. It unshackles us from authority. It will revolutionize insurance: Executives everywhere must pay attention. Blockchain is the new plastic. Or so the myth goes. Numerous articles have explained… Continue reading Blockchain: Mechanics and Magic