Blockchain

Blockchain and mobility tech promise enhanced efficiency, security, and customer experience.

The time for adoption is now, and insurers must take action in our increasingly digital and data-driven landscape.

Blockchain is reducing money laundering and fraud, while allowing for an array of smart contracts, such as Lemonade's crop insurance. 

Blockchain's distributed ledger capabilities, combined with mobility technologies, will change the game for insurers. 

Both have pros and cons, but you can get most of the best of both worlds through custom insurance software development.  

Blockchain and artificial intelligence are redefining the dynamics of supply chain operations and reshaping the future of industry. 

ITL's Paul Carroll interviewed blockchain expert Pat Schmid, highlighting advancements in enterprise blockchain, particularly the transformative potential of "Rapid X" in streamlining claims processing.

ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.

This month's focus is Blockchain.