Blockchain seems to be the hottest topic in the rapidly changing world of Fintech. And the transformation of the Insurance industry with blockchain predominantly tops the charts. While the technology has the potential to “live up to the hype” and reshape the Insurance industry, it also requires careful collaboration with other emerging technologies, regulators, incumbents, and additional stakeholders to be successful.
Some of the First Mover Insurers (Trailblazers) are looking to blockchain to help drive wider transformation by focusing on access to trusted information and redesigned business models. These Trailblazers not only see the value in participating in the broader … Read More