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Insurance News

Insurance is a procedure of making individuals financially protected against losses occuring in the event of some damaging accident. Most insurance policies for individuals are homeowners, health, auto and life insurance. There are also insurance policies for businesses and financial institutions against specific types of risks that are inherent in the industry. Insurance is an important institute for the modern world that helps people be more willing to take risks in business by giving them the assurance of protection from various events in daily life. Different technologies may be used to improve the current state of this procedure. Blockchain-based insurance may help validate contracts and blockchain insurance startups are working on smart-contracts for forcing the execution of it’s terms. The blockchain insurance industry is a rapidly-growing segment of the fintech industry and is gathering a lot of attention from investors.
News
An insurtech firm has entered a partnership with Aon and a branch of Oxfam to launch a blockchain-based platform for Sri Lankan farmers to cover crop losses.
Blockchain-Based Insurance Platform for Farmers Launches in Sri Lanka
Max Boddy
2019-07-01T19:49:00+01:00
4003
In depth
The insurance sector is riddled with inefficiencies — and distributed ledger technology is on a mission to fix them.
Discovering Insuretech: Blockchain Disruption of the Insurance Sector
Kirill Bryanov
2019-06-29T19:50:00+01:00
8365
News
Bereaved families who place an obituary for a loved one in a newspaper will now be able to instantly trigger searches for a matching life insurance policy.
MetLife’s LumenLab Using Blockchain to Automate Life Insurance Claims
Thomas Simms
2019-06-19T18:41:00+01:00
3139
News
A blockchain/AI platform for insurance claims by BlockClaim has received about $627,000 in seed funding.
Insurtech Platform to Apply Blockchain to Auto Claims With New Funding
Max Boddy
2019-06-18T01:57:00+01:00
7451
News
Amazon partners with insurance agency Legal & General to make a bulk annuities transactions using blockchain technology
Legal & General Partners With Amazon to Use Blockchain for Pension Deals
Max Boddy
2019-06-12T02:28:00+01:00
6857
News
Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry.
Major Pan-African Insurance Firm Rolls Back Insurance for Crypto Mining Equipment
Ana Alexandre
2019-06-12T00:22:00+01:00
2743
News
Aon will reportedly provide crypto custody solutions provider Metaco with crime insurance coverage via a group of predominantly European insurers.
Major Insurance Broker Aon Secures Crime Coverage for Crypto Custody Solutions Firm
Marie Huillet
2019-06-11T10:53:00+01:00
3380
News
State Farm and USAA have partnered to test a blockchain-based solution for the insurance payment process, subrogation.
State Farm and USAA Test Blockchain Platform for Insurance Claims Process
Max Boddy
2019-05-30T23:40:00+01:00
12998

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