Explore IBM Blockchain

Reimagine the business of insurance

Technological disruption has come to insurance — and the smart risk management strategy is to embrace it. IBM Blockchain is radically transforming insurance operations with faster verifiable data exchanges, visibility for all parties, and transactions underpinned with pervasive security and trust.

How it works

IBM Blockchain records transactions on a provable, permanent ledger, so multiple parties can exchange data with increased transparency and security. This is particularly important for insurers dealing with sensitive financial and personal information, often with multiple parties involved.

How you benefit

Underwriting

Automate underwriting
with smart contracts for increased speed and cost efficiency

Accelerate

Accelerate claims settlement
and cut costs with automated claim and data verification

Reduce fraud

Reduce fraud and abuse
with improved traceability and accountability

Why IBM Blockchain

IBM offers deep expertise in both blockchain and insurance. We’re advising clients on how this new technology is shaping the insurance industry. And we’re leading the growth of this technology, making significant contributions to The Linux Foundation and their open source Hyperledger technology on which the IBM Blockchain Platform is built.

Blockchain has a powerful role to play in the future of insurance.

—Rob Schimek, CEO of Commercial, AIG

Featured network success story

AIG and Standard Chartered have teamed with IBM Blockchain to create a new multinational insurance policy. Learn how we’re working together to strengthen transparency, increase trust and reduce cost and friction.

AIG

Insights and resources

Building trust in insurance

Read insights from IBM experts on blockchain's potential to improve trust and transparency across insurance ecosystems, with less risk, process complexity and friction.

Reimagining group benefits

Watch this demo to see the value that blockchain technology can add to group benefits administration — from benefits registration and data validation to claim submission.

The future of insurance

Learn how IBM Insurance can lead your digital transformation with blockchain, RPA, AI and platform solutions to uncover new opportunities.

What will we solve together?

Reinvent your insurance business with IBM Blockchain. Our experts are here to help.