Blockchain

The groups are utilizing a blockchain technology known as Provenance, which serves as a ledger to issue and transact across private investments.

Digital Insurance spoke with Cyndee Morton, chief operating and innovation officer, Safety National Casualty Corporation.

Final installment of insights and news from ITC.

A report from the U.S. Treasury Department didn't say the U.S. should adopt a digital currency, but did recommend it start laying the groundwork in case it ever decides to do so.

Quantstamp incubated the new insurtech with backing from Munich Re and SOMPO Light Vortex. 

In other news: Chubb teams up with Betterfly in Latin America; Franklin Mutual partners with vipHomeLink; Aon announces last-mile insurance with CarrierHQ.

Insurance blockchain working group The Institutes RiskStream Collaborative has partnered with Trustlayer to build out an insurance verification proof of concept.

In other news: Hippo launches Builders Program; handdii wins the 2021 ACORD Insurtech Innovation Challenge New York; Blockchain-backed title insurance launches in five states.

Also: New data hire at Amerilife, European expansion at Insurify.

Bridge Mutual among carriers interested in launching so-called 'DeFi' apps

The 75,000 checks exchanged between the two carriers are now being processed on the blockchain.

Rolling out in Sri Lanka, the brokerage teams with Etherisc and Oxfam to cover small farmers.

The IoT, 5G technology and server-less computing are among the technologies that will most impact businesses and the bottom line throughout the rest of the year, says a new CompTIA report.

This dynamic and fast-paced environment presents numerous challenges to loss-control efforts, both from a technical as well as a behavioral standpoint.

An insurance company that can offer its policyholders a low-stress solution involving as much automation as possible—thereby circumventing as many subjective human factors as possible—will have a significant competitive advantage over others.

There is still a significant gap between the hype and market reality of blockchain, according to a new report by Gartner Inc. Here are seven ways projects can fail.

Distributed ledger technology can improve the ease of access to various records and reports such as motor vehicle, CLUE, and credit reports; as well as court records.

The companies saw an opportunity to make subrogation more efficient, representatives said.

Director of the former RiskBlock Alliance discusses name change and expanded digital focus including IoT, AI and analytics.

Innovation executive Mike Fields will detail how the carrier has advanced its subrogation tool using distributed-ledger technology over months of development.