Marsh, the world’s leading insurance broker and risk adviser, today announced its piloting of Risk Exchange, a new digital placement platform powered by blockchain technology. Risk Exchange has the potential to transform the insurance placement process toward an interactive, digital experience where clients, carriers, and Marsh brokers can provide real time information and feedback on… Continue reading Marsh Pilots Blockchain-Powered Insurance Placement
Tag: blockchain technology
State Farm and USAA to Test Blockchain Technology to Automate Insurance Claims
State Farm and USAA know how important it is to invest, innovate and build for the future. During the 2019 Dig In Conference, the two insurance companies announced a joint subrogation solution, and are now using real claims data to test how blockchain technology can improve the speed of the auto claims subrogation process. Subrogation… Continue reading State Farm and USAA to Test Blockchain Technology to Automate Insurance Claims