Blockchain

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.