Listen to an experienced, global panel of insurance professionals present, discuss and answer your questions on the theme of “Peer-to-Peer Insurance & Community”.
Brought to you by The Digital Insurer and sponsored by KPMG.
People First: The Primacy of the People in the Age of Digital InsuranceAccenture México
John Cusano, Director Global de la Industria de Seguros, dio a conocer cómo la innovación es un habilitador para superar los desafíos que pueden surgir de la adopción de modelos digitales
Blockchain technology will make a shift of tectonic proportions in the Insurance and Financial Services Industry. It will change industry’s business model, reorganize relationships, revolutionize existing revenue channels and value creation models. The new eco-system based model will be created, with new principles of value creation, with reformatted customer engagement experiences and with value added business relationships. Industry operations will undergo dramatic change, shifting away from service and request fulfilling activities, to transaction management and orchestration of eco-system activities.
CII-EY report titled Insurer of the Future reveals that technology will power the new wave of change for the Indian Insurance Industry. The report recommends pursuing technology to improve the traditional insurance process and to re-configure the insurance business model.
Listen to an experienced, global panel of insurance professionals present, discuss and answer your questions on the theme of “The Insurance Blockchain".
Brought to you by The Digital Insurer and sponsored by KPMG.
Listen to an experienced, global panel of insurance professionals present, discuss and answer your questions on the theme of “Peer-to-Peer Insurance & Community”.
Brought to you by The Digital Insurer and sponsored by KPMG.
People First: The Primacy of the People in the Age of Digital InsuranceAccenture México
John Cusano, Director Global de la Industria de Seguros, dio a conocer cómo la innovación es un habilitador para superar los desafíos que pueden surgir de la adopción de modelos digitales
Blockchain technology will make a shift of tectonic proportions in the Insurance and Financial Services Industry. It will change industry’s business model, reorganize relationships, revolutionize existing revenue channels and value creation models. The new eco-system based model will be created, with new principles of value creation, with reformatted customer engagement experiences and with value added business relationships. Industry operations will undergo dramatic change, shifting away from service and request fulfilling activities, to transaction management and orchestration of eco-system activities.
CII-EY report titled Insurer of the Future reveals that technology will power the new wave of change for the Indian Insurance Industry. The report recommends pursuing technology to improve the traditional insurance process and to re-configure the insurance business model.
Listen to an experienced, global panel of insurance professionals present, discuss and answer your questions on the theme of “The Insurance Blockchain".
Brought to you by The Digital Insurer and sponsored by KPMG.
The future of insurance distribution: New models for a digital customerAccenture Insurance
This report argues that incumbents need to embrace digital disruption, form partnerships and adopt innovative technologies to improve customer engagement and create new opportunities for growth. It introduces five new distribution models that insurers should consider, as well as six ‘lenses’ through which they can be evaluated.
Your insurance clients know that far-sighted players are already confronting the future of insurance distribution. Use this report to help them assess their options.
2021 Best insurtech and insurance prediction listAlberto Garuccio
Insurtech issue #41 Techstars Startup Digest. If you are interested in reading the digital version or subscribing visit >> https://www.getrevue.co/profile/startupdigest-insurtech
Disruptive Insurance Product Innovation Using IoT in HealthcareAmazon Web Services
Potential for consumer healthcare
1. No more non-value apps – consumers want insights
2. Lifestyle and Wellness platforms will win
3. Data INTENSITY = New OPPORTUNITY
4. Real Time is the NORM
5. Machines learn to IMPROVE our lives
Speakers:
Gaurav Sharma, Senior Industry Principal and Lead for Finacle on Cloud business, Infosys Finacle
&
Michael Braendle, Principal Cloud Architect, Professional Services, AWS
The insurance industry is witnessing a slow but certain evolution due to disruptive technologies, external market forces, and their consequent impact on insurance business and operating models.
This Slideshare deck has the overview of the top 10 insurance trends that will be strategic for firms in the near term.
INFOGRAPHIC: Smart contracts between hype and realityCapgemini
INFOGRAPHIC: Smart Contract Lifecycle. When will Smart Contracts Become Mainstream? What are the Opportunities in Financial Services Industry? Key Challenges in Smart Contract Adoption Smart Contracts: Breaking the Chain between Hype and Reality
Using Accenture Research methodologies - Economic Value Modelling (EVM) and survey – this thought leadership paper quantifies the digital opportunity for South Africa’s short-term insurance industry to 2020. By leveraging digital technology, Accenture estimates that short-term insurance providers in South Africa can increase their gross written premiums (GWP) by R115.2 billion by 2020.
Building the Next Generation IoT & Telematics PlatformCloudera, Inc.
IoT is fundamentally revolutionizing the automotive insurance space, by enabling insurers to gain powerful insights into the behavior, risk, and habits of individual drivers.
With over 180 Billion miles of driving data analyzed from connected cars, Octo Telematics has emerged as the leading global provider of telematics and data analytics solutions for the auto insurance industry.
Join Cloudera, Ovum and Octo Telematics for a joint webinar to learn more about how Octo built their next generation IoT & Telematics platform. In this session, Jonathan, the Global Chief Marketing Officer of Octo will share their transformational journey into how they are building the world’s largest insurance telematics database powered by analytics and machine learning.
As part of this webinar you can learn more about:
Octo’s transformation to the Next Generation Platform (NGP) for Telematics & IoT
How they process and analyze data from 5.4 million connected cars every day
How Octo implemented the data management and analytics infrastructure
How they are using machine learning to analyze risks and driving behavior
3 things to learn:
Octo’s transformation to the Next Generation Platform (NGP) for Telematics & IoT
How they process and analyze data from 5.4 million connected cars every day
How Octo implemented the data management and analytics infrastructure
The future of insurance distribution: New models for a digital customerAccenture Insurance
This report argues that incumbents need to embrace digital disruption, form partnerships and adopt innovative technologies to improve customer engagement and create new opportunities for growth. It introduces five new distribution models that insurers should consider, as well as six ‘lenses’ through which they can be evaluated.
Your insurance clients know that far-sighted players are already confronting the future of insurance distribution. Use this report to help them assess their options.
2021 Best insurtech and insurance prediction listAlberto Garuccio
Insurtech issue #41 Techstars Startup Digest. If you are interested in reading the digital version or subscribing visit >> https://www.getrevue.co/profile/startupdigest-insurtech
Disruptive Insurance Product Innovation Using IoT in HealthcareAmazon Web Services
Potential for consumer healthcare
1. No more non-value apps – consumers want insights
2. Lifestyle and Wellness platforms will win
3. Data INTENSITY = New OPPORTUNITY
4. Real Time is the NORM
5. Machines learn to IMPROVE our lives
Speakers:
Gaurav Sharma, Senior Industry Principal and Lead for Finacle on Cloud business, Infosys Finacle
&
Michael Braendle, Principal Cloud Architect, Professional Services, AWS
The insurance industry is witnessing a slow but certain evolution due to disruptive technologies, external market forces, and their consequent impact on insurance business and operating models.
This Slideshare deck has the overview of the top 10 insurance trends that will be strategic for firms in the near term.
INFOGRAPHIC: Smart contracts between hype and realityCapgemini
INFOGRAPHIC: Smart Contract Lifecycle. When will Smart Contracts Become Mainstream? What are the Opportunities in Financial Services Industry? Key Challenges in Smart Contract Adoption Smart Contracts: Breaking the Chain between Hype and Reality
Using Accenture Research methodologies - Economic Value Modelling (EVM) and survey – this thought leadership paper quantifies the digital opportunity for South Africa’s short-term insurance industry to 2020. By leveraging digital technology, Accenture estimates that short-term insurance providers in South Africa can increase their gross written premiums (GWP) by R115.2 billion by 2020.
Building the Next Generation IoT & Telematics PlatformCloudera, Inc.
IoT is fundamentally revolutionizing the automotive insurance space, by enabling insurers to gain powerful insights into the behavior, risk, and habits of individual drivers.
With over 180 Billion miles of driving data analyzed from connected cars, Octo Telematics has emerged as the leading global provider of telematics and data analytics solutions for the auto insurance industry.
Join Cloudera, Ovum and Octo Telematics for a joint webinar to learn more about how Octo built their next generation IoT & Telematics platform. In this session, Jonathan, the Global Chief Marketing Officer of Octo will share their transformational journey into how they are building the world’s largest insurance telematics database powered by analytics and machine learning.
As part of this webinar you can learn more about:
Octo’s transformation to the Next Generation Platform (NGP) for Telematics & IoT
How they process and analyze data from 5.4 million connected cars every day
How Octo implemented the data management and analytics infrastructure
How they are using machine learning to analyze risks and driving behavior
3 things to learn:
Octo’s transformation to the Next Generation Platform (NGP) for Telematics & IoT
How they process and analyze data from 5.4 million connected cars every day
How Octo implemented the data management and analytics infrastructure
Do you know how #IoT can help your business grow? Watch this webinar with us and understand the uses of IoT in the transformation of business operations.
Mr. Omkar Malage, Senior Industry Analyst, Frost & Sullivan guides us all through how Internet of Things can empower new enterprises with upcoming technologies.
Visit our website to know more about our Connectivity, Collaboration, Security, Cloud-and-SaaS, IoT and Marketing Solutions: https://www.tatateleservices.com/
Check out our IoT enabled solutions here: https://www.tatateleservices.com/business-services/iot-solutions
Like. Comment. Share.
Place your business enquiries here: http://bit.do/eN9Tj
Follow us on social media:
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The IoT Insurance Observatory is a four year old think tank specialized in insurance IoT
The Observatory generates and promotes innovation in the insurance sector: representing the cutting edge of global innovation; offering a strategic vision to exploit the insurance IoT full potential; stimulating research and debate between the participants.
IoT Insurance Observatory is a six-year-old think tank specialized on the insurance IoT with the participation of top executives from the most relevant Insurers, Reinsurers, and Tech players in the IoT and telematics insurance arena
The think tank membership provides access to the most globally relevant insurance IoT knowledge, and its goal is to promote a profitable IoT adoption in the insurance industry.
The IoT Insurance Observatory mission is to promote a profitable IoT adoption in the insurance sector.
The six annual editions have aggregated more than 130 organizations.
Tech players and Insurance companies, including:
* 4 of the top 5 Reinsurers
* 11 of the top 15 European Insurance Groups
* 10 of the top 15 US P&C Insurance Groups
The Observatory generates and promotes innovation in the insurance sector: representing the cutting edge of global innovation; offering a strategic vision to exploit the insurance IoT full potential; stimulating research and debate between the participants.
The seven annual Observatory editions in figures:
- 2738 hours of one-to-one workshops
- 32 plenary symposiums between North America and Europe
- 87 insurance companies (including 4 of the top 5 Reinsurers, 11 of the top 15 European Insurance Groups, and 10 of the top 15 US P&C Insurance Groups)
- 51 tech players and vendors
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
Insurance IoT is a social good!
Because:
🔵 Expected losses can be reduced structured programs with both real-time mitigation actions to solve a specific situation, and behavioral change mechanisms to promote safer behaviors (both in personal and commercial lines)
🔵 Rate can be matched to risks better:
- Smaller and more accurate pricing clusters allow a large part of profiles to receive a lower rate
- Even with the ability to price the individual probability of loss (cluster of one) the insurance foundation isn’t canceled (The risk of each policy will contribute to the expected losses of the portfolio; The premiums paid by many lucky policyholders will be used to pay the claims of the few unlucky policyholders who had an accident in a period of coverage)
🔵 IoT data can be used to increase the effectiveness and efficiency of the claim process, so improving the combined ratio ceteris paribus
⏩ Large part of the policyholders will pay less (and portfolios currently difficult to insure will become more insurable)
Insurance IoT (and telematics) is not about providing a discount
Insurance IoT (and telematics) is about creating economic value using the data and sharing part of this value with policyholders (and agents & brokers)
An integrated holistic adoption of the IoT paradigm is a game changer for your insurance business and a social good:
◾ it allows to improve the availability and affordability of insurance coverages
◾while allowing the sector to write a profitable business
Below you can enjoy a selection of best practices in both personal and commercial lines - written with some of the IoT Insurance Observatory members - that have already started to obtain results from their IoT business transformation journeys
Blockchain ensures that all copies of the ledger in a 'Smart Contract' are identical in real time for each member in the network which makes it easy, quick and hassle free for businesses to close deals and enforce terms of agreement. Here's a quick guide to understand Smart Contracts.
Insurance Cloud: From Tactical to Strategic Investment for European InsurersAccenture Insurance
Insurance companies have been relatively cautious about cloud adoption. However, the conversation among insurers has changed in the last few years, moving to “when and how” rather than “why.” Several factors are driving today’s insurance companies to move their applications and data into the cloud as they reassess their business opportunities. Learn more:
FORFIRM is a FINTECH consulting company with clients in European market answering real business challenges for our clients through innovation and deep industry knowledge.
In 2018 "European Innovation Management Academy", based on "House of Innovation" framework by A.T. Kearney " analyzed over 3000 digital companies around Europe scoring FORFIRM at the TOP in terms of Innovation strategy, Organization and culture of innovation, life cycle and Enabler factor.
Similar to ChainGang Webinar - Blockchain & Insurance: The end, or just the beginning? (20)
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
JMeter webinar - integration with InfluxDB and GrafanaRTTS
Watch this recorded webinar about real-time monitoring of application performance. See how to integrate Apache JMeter, the open-source leader in performance testing, with InfluxDB, the open-source time-series database, and Grafana, the open-source analytics and visualization application.
In this webinar, we will review the benefits of leveraging InfluxDB and Grafana when executing load tests and demonstrate how these tools are used to visualize performance metrics.
Length: 30 minutes
Session Overview
-------------------------------------------
During this webinar, we will cover the following topics while demonstrating the integrations of JMeter, InfluxDB and Grafana:
- What out-of-the-box solutions are available for real-time monitoring JMeter tests?
- What are the benefits of integrating InfluxDB and Grafana into the load testing stack?
- Which features are provided by Grafana?
- Demonstration of InfluxDB and Grafana using a practice web application
To view the webinar recording, go to:
https://www.rttsweb.com/jmeter-integration-webinar
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Transcript: Selling digital books in 2024: Insights from industry leaders - T...BookNet Canada
The publishing industry has been selling digital audiobooks and ebooks for over a decade and has found its groove. What’s changed? What has stayed the same? Where do we go from here? Join a group of leading sales peers from across the industry for a conversation about the lessons learned since the popularization of digital books, best practices, digital book supply chain management, and more.
Link to video recording: https://bnctechforum.ca/sessions/selling-digital-books-in-2024-insights-from-industry-leaders/
Presented by BookNet Canada on May 28, 2024, with support from the Department of Canadian Heritage.
3. Today’s Panelists
Simon Phipps
Head of Asia& Cor Devt
TDI
Rick Huckstep
Chairman
TDI
Martin Kornacki
Publisher & Editor
TDI
Parmjeet Kaur
Founder & Head of Research
ITR Connect
Zach Piester
Co-founder
Intrepid
CHAINGANG
Christoph Mussenbrock
CEO & Founder
Etherisc
Ryan Rugg
Global Head of Insurance
R3
PANELIST
S
4. Discussion Agenda
Zach Piester Parmjeet Kaur
• “Industry and Venturing Perspectives”
• “Use cases in action”
Christoph
Mussenbrock
Ryan Rugg
6. Questions & Answers
How to participate:
If you have a question please type into the Q&A area
If you have a comment please type into the chat area
Session format:
The moderator will use a combination of his own questions
and those from the audience
9. R3 Insurance Timeline
SEPT. 2015 |
First R3
roundtable held in
NY; attended by
eight banks to
understand
blockchain
DEC. 2015 |
R3 consortium
grows to 42
bank members
NOV. 2016 |
Corda Open
Source GA
JULY 2018 | Corda
Enterprise 3.0
launches with 100%
interoperability with
Corda 3.0 open
source
SEPT. 2015 | Nine banks form a partnership with R3 to design and
deliver advanced DLTs to global financial markets
Jan 2018 | B3i
Migrates to
Corda from
Hyperledger
FEB. 2017 |
Opened: CoE
for (re) Insurers
with ACORD
July 2018 |
RiskBlock Migrates
to Corda from
Ethereum
April 2018 |
InsureWave goes live
on Corda: Maersk,
Willis Towers Watson,
XL Catlin, MS Amlin
10. ***Insurance Members (Non-Exhaustive)
Corda Insurance Ecosystem
R3’s Center of Excellence for (re) insurers has a global presence focused on developing CorDapps for
enterprise use of blockchain technology.
11. Partner CorDapp LOB
Current
Status
Use Case
B3i
Property &
Casualty
(Reinsurance
XOL)
Go-Live : Q2
2019
Focused on building a platform to handle reinsurance contracts on a state of the art distributed
ledger. 1st app slated to go live by end of 2018 covers the core functionality required to enable a
distributed smart contract management system for Property Catastrophic Excess of Loss contract.
Blocksure
Property &
Casualty
(Primary
Insurance)
Pilot Insurance operating system built on Corda by leveraging Acord standards, focused on full life cycle
insurance sales, administration and claims. First live transactions are focused on Commercial and
General (broker) to place all lines of business in general insurance underwritten by the insurance
group Covea Insurance.
Capgemini
Property &
Casualty
(Property)
Phase 2 Industry consortium for the 1st Blockchain (Corda) based solution for the corporate insurance
market in Italy to improve customer service in the risk assessment phase, manage and optimize
negotiation and quotation times, for Property risks (with eventual expansion to other LOBs) .
ChainThat
Property &
Casualty
(Primary,
Reinsurance)
Go-Live : Q4
2018
Part of ChainThat’s integrated and modular Insurance Blockchain Framework (CT-IBF); ChainThat’s
Insurance Accounting and Settlement solution provides management of insurance and reinsurance
technical and financial accounting & supports ACORD Ruschlikon EBOT data standards.
Cognizant Life Insurance
Live
(Developing
phase 2)
Corda-based solution among the Life Insurance IT Leaders Forum (consortium of 13 life insurers in
India) for sharing of key customer claims data in a self-sovereign model to reduce cost, fraudulent
claims and ensure receiving party has latest customer data.
eMali
Medical
Claims
MVP End-to-end solution that addresses current pain points in on-boarding admission,
discharge/payment and claim process for reimbursement.
Built using distributed Corda; allows clinics/hospitals and insurance company to form and maintain
consensus about the existence, status and evolution of a set of shared facts.
Insurance Applications on Corda -1/3
12. Partner CorDapp LOB
Current
Status
Use Case
InsurWave
Specialty
(Marine
Insurance)
Live World’s 1st marine insurance Blockchain platform leveraging Acord standards to support more than
half a million automated ledger transactions & help manage risk for more than 1,000 commercial
vehicles in Year 1 by connecting the end-to-end insurance supply chain over Corda.
TINA
Life
Insurance
MVP End to end administration of life insurance, disability protection and income protection products
using Corda to provide real-time, immutable workflows to ensure all key parties in the relevant
process can complete their actions and view the workflow.
SERENA
Pensions
and
Annuities
MVP Focused on eradicating inefficiencies in pension funds administration through dynamic product
configuration, automating investment management and premium adjustment based on externally
available data, automated integration capabilities with legacy systems and automated regulatory
reporting.
Infosys
Intelligent
Application
Platform
(IIAP)
Property &
Casualty
(Commercial
, Personal
Auto)
MVP IIAP Vehicle Fleet Management solution provides a digital trust framework to build smart contract
based car insurance policies, that incorporates inputs such as telemetry data from IoT sensors
deployed in the car and the policy holder’s driving behavior, determined by machine learning
algorithms to granularly price risk and adjust premium
MIDAS
Property &
Casualty
(Personal
Auto)
Live Corda-based solution to eliminate motor insurance documentation fraud in Hong Kong by providing
an immutable audit history of insurance documents along with real-time updates of policy
information
Insurance Applications on Corda -2/3
13. Partner CorDapp LOB
Current
Status
Use Case
Claims
Management
Property &
Casualty
(Personal
Auto)
MVP NIIT Technologies Limited has developed an insurance sector MVP on R3 Corda for efficient claims
management for automobile industry. With this the insurance fraud can be minimised, efficiencies
in claims processing can be realised through immediate settlement and improved productivity of
Insurance Company, TPA, Surveyor and Auto Service Centre
RiskBlock
Property &
Casualty
(Personal
Lines)
Go-Live : Q1
2019
Focused on building a platform to handle primary insurance contract placement with the 1st use
case on Proof of Insurance (POI) to provide means to transfer insurance information in real-time
across parties to quickly identify uninsured/underinsured motorists.
Vesl
Specialty
(Trade Credit
Insurance)
Pilot Trade credit insurance platform connecting borrowers, insurers and financiers into a single
specialized marketplace where SMEs can access insurance and financing to facilitate pay per
transaction scheme making it simple and more affordable to purchase trade credit insurance.
Insurance Applications on Corda -3/3
15. r3.com
Thank you
NewYork
11 West42nd Street, 8th Floor
New York, NY 10036
London
2 London Wall Place,
London, EC2Y 5AU
Singapore
80 Robinson Road, #09-04
Singapore, 068898
16. Snap Poll
16
Q. What is the business opportunity for the insurance industry from the R3 Corda
network?
A- major back office cost savings
B - insurance industry wholesale transformation
C - cross industry efficiencies and reduced friction in the value chain
D- new insurance business models can be formed
E- all of the above
Q. Would you like further discussion with this company after today’s webinar (we will
pass on your request for follow-up)?
How to participate:
Just respond to the question when it appears on your screen
29. Snap Poll
29
Q. Would you like further discussion with this company after today’s
webinar (we will pass on your request for follow-up)?
How to participate:
Just respond to the question when it appears on your screen
38. Snap Poll
38
Q. Would you like further discussion with this company after today’s
webinar (we will pass on your request for follow-up)?
How to participate:
Just respond to the question when it appears on your screen
43. Blockchain Applied:
P2P Claims OnDemand Ecosystem all feature on the Regional Dashboards
ITR Regional Breakdown ITR Asia Breakdown
ITR EuropeITR North America
ITR Blockchain Regional Analysis
Assumptions : Based on Working Sample from ITR Connect
44. Blockchain Applied:
P2P Claims OnDemand Ecosystem all feature on the Regional Dashboards
ITR Insurtechs By Age Business Model - Asia
Business Model - EuropeBusiness Model – North America
ITR Blockchain Regional Analysis
Assumptions : Based on Working Sample from ITR Connect
45. Blockchain at Work: ITR Blockchain Use Cases
P2P Social Insurance Good Fit
Decentralised processes within a
trusted environment – team voting,
smart contracts etc
Event Driven Insurance Moderate Fit
Data gathered from ‘oracles’ and shared
using blockchain. Fizzy tackles flight
delays.
Disintermediation Good Fit
Black is building a blockchain platform for
brokers and investors to design/deliver
tailored solutions.
Ecosystems Insurawave Moderate Fit
Distributed ledger for the speciality marine
marketplace between brokers, insurers
and reinsurers.
Claims Fraud Moderate Fit
Distributed Ledger storing digital
description of insurable assets to improve
claims management.
46. Snap Poll
46
Q. Where in the value chain do you think Blockchain will have the greatest impact?
1. Product Development
2. Underwriting
3. Risk Prevention
4. Analytics
5. Marketing and Sales
6. Claims
7. Administration and Processing
8. None of the Above – its HYPE!
Q. Would you like further discussion with this company after today’s webinar (we will
pass on your request for follow-up)?
How to participate:
Just respond to the question when it appears on your screen
47.
48. Snap Poll
48
Q. We’ve considered broad industry perspectives and real and live
use cases. Taking all this into account, and being mindful of the
protracted bear market in cryptocurrencies since 1Q18, do you feel
Blockchain in Insurance is at it’s end, or just the beginning?
1. End
2. It’s just the beginning
How to participate:
Just respond to the question when it appears on your screen
50. LIVEFEST 2019
50
What to do now – apply for
an award!
• Prepare award entries for –
Insurance Innovation and Startup
InsurTech’s. Applications Open!
• Insurers – apply for the LIVEFEST
Knowledge programme (it’s free !)
• Save the Dates and Login with TDI
credentials to participate live or view
on-demand
• LIVEFEST 2018 session recordings
and summary also available in the
LIVEFEST Zone
51. Post webinar activities
Recording will be emailed to registered participants
Please give us your feedback and participant suggestions
If you would like to follow-up with any of the panelists
simon.phipps@the-digital-insurer.com
rick.huckstep@the-digital-insurer.com
martin.kornacki@the-digital-insurer.com
parmjeet.kaur@itrconnect.com
zach@intrepid.ventures
christoph@etherisc.com
ryan.rugg@r3.com
Join or next webinar on 30th April- AI Powered Insurer: https://www.the-digital-
insurer.com/event/ai-powered-insurer/