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9 INSURANCE COMPANIES USING BLOCKCHAIN -- Insurance 4.0
Blockchain has the power to completely transform insurance, but are business leaders on board and how do we unleash its full potential? Blockchain can streamline underwriting and claims processes, reducing insurers' loss ratios and decreasing the risk profile of their portfolios. Learn how health and life insurers can drive sales, increase customer engagement, and gain a competitive advantage with blockchain.

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Additionally, the automated ledger and tracking inherent in blockchain systems can streamline operational inefficiencies and reduce delays in settling claims. It reportedly reduced the time it took for a shipper to receive an insurance certificate by 85 percent. Insurance organizations must take a stance on how they expect DLT to impact their business and the wider industry. With blockchain, trust can be delegated to the ledger, enabling insurers to collaborate more freely. Subscribed Click to Manage Your Subscriptions.

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