Blockchain

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.

Dynamic pricing is an example of an emerging blockchain-enabled innovation that benefits both the insurer and the customer, with broad-ranging potential.

Dogan Kaleli, leader of the program business, finds opportunities to pilot various emerging techs in his role and beyond.

The network also includes three other insurers — Aetna, Anthem and the Chicago-based Health Care Service Corporation.

Augmented analytics, continuous intelligence, data fabric and persistent memory servers are among the top trends that will drive advanced analytics adoption, says Gartner.

As is the case with any emerging technology, there are several risks with blockchain that should be considered by organizations that plan to use it.

Blockchain use fundamentally changes the way that different constituencies -- including insurers and departments of insurance -- interact.

Insurers will work with IBM and other health stakeholders to improve data sharing and payment processing.

Organizations will be looking to hire a range of IT professionals, with skills related to data management among the most desired.

Focusing on data-sharing, APIs and blockchain, ACORD and partner L&T Infotech will work to develop options for insurers.

Pilot project aims to increase efficiency in working with other carriers.