blockchain in insurance

Blockchain in insurance: Five reasons why openIDL will succeed

As an IBM Distinguished Engineer, I have spent the last two and a half years working on blockchain with our U.S. banking and insurance clients. More recently, I have been the IBM technical executive overseeing open Insurance Data Link (openIDL), the insurance network partnership with the American Association of Insurance Services (AAIS). It’s been very […]

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Three areas in the insurance industry to use blockchain

You buy insurance — auto, health, life — because you want to be sure you and your family will be OK if anything unexpected happens. But as time drags on while you wait for a claim to be processed, you start to wonder if the benefits are worth the hassle and higher premiums. These negative […]

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Transforming an industry: Making blockchain real for insurers

Blockchain is emerging as a potentially disruptive force capable of transforming the insurance industry by making transactions faster, cheaper, more secure and transparent. In every meeting I’ve had with global insurance chief experience officers (CXOs) in the last couple of months, I was asked about blockchain. I’ve found that most insurance CXOs are keen to […]

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