Intelligent Insurer: B3i Blockchain 30% efficiency gains

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There is a real opportunity to improve reinsurance processes with the use of blockchain technology, which can deliver cost savings and efficiency gains of 30 percent by taking out unnecessary reconciliation, repetitive duplication of work and waiting times.

Read more at: http://www.intelligentinsurer.com/news/b3i-blockchain-30-efficiency-gains-13076

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EY: EY, Guardtime and industry participants launch the world’s first marine insurance blockchain platform

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EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector. The platform launches in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a 20-week proof of concept.

Read more at: http://www.ey.com/gl/en/newsroom/news-releases/news-ey-guardtime-and-industry-participants-launch-the-worlds-first-marine-insurance-blockchain-platform

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