Blockchain

The group now has 30 insurance carrier members working on distributed-ledger tech solutions for the industry.

The American Association of Insurance Services will launch the openIDL to share data between carriers and regulators.

Startup companies targeting the insurance sector are seeing more investment, but not to the level of the biggest deals in other financial sectors.

Progress toward a value-based care reimbursement system is slow, with clinicians hampered by a lack of information technology that could help them, according to a new survey of healthcare executives.

The distributed-ledger technology promises to streamline processes like claim management, pricing transparency and actuarial management.

Choices of Corda for distributed-ledger technology and Accenture for security and integration layers gets proofs of concept closer to production.

Insurers should identify priorities, assessing where they are and how blockchain would get them there and prioritize possible use cases, says Boston Consulting Group.

It is relatively inexpensive for insurers to try out the technologies -- and not risk falling behind.

Telematics, blockchain and RPA are all on the menu at the Worcester, Mass.-based multiline insurer.

Recently deployed capabilities find use cases for the technology in auto and marine coverage.