Blockchain

What story will make the status quo so unacceptable that organizations must make the leap to blockchain?

The current approach to blockchain could mean a continued risk of siloed thinking rather than the needed cooperation.

In 2017, we will see the first real applications of blockchain technology in action - in specialty P&C and in health insurance.

Insurers have been slow to the table to learn about this technology, but it is imperative that they engage as early as possible.

Imagine managing claims by being able to leverage real-time data sources of almost unimaginable size.

Blockchain is likely to play a major role in the reshaping of insurance – but the big implications are two to three years out.

Blockchain promises exponential efficiencies or exponential deficiencies. But we have the knowledge to get it right this time.

Blockchain represents new risk opportunities that may not pool appropriately with those upon which today’s insurance products are based.