Enterprise Blockchain Use Cases - Insurance IndustryBlockchain Dashboard - Insurance
Comprehensive coverage of blockchain action taking place in the insurance industry. Blockchain Projects, use cases, consortia, enterprises involved, executive decision makers, and benefits of blockchain adoption.
Blockchain Use Cases
Enterprises from the Insurance Industry are demonstrating strong confidence in the blockchain technology. Currently, these enterprises are testing this technology for more than 20 different use cases, some of which include, captive insurance management, marine insurance management, bancassurance, flight-delay insurance, premium payments, and motor insurance claims settlement, among others.
There are more than 50 enterprise blockchain projects underway across the globe. The adoption is well-spread among different categories – health insurance, life insurance, property and casualty insurance, travel insurance, and auto insurance.
Countries where Insurance Blockchain Projects are Underway
The adoption of this technology within the insurance industry is well-spread across various geographic regions. Even as the companies from the Asian region seem more proactive, than their western counterparts, the United States remains the country with the maximum number of projects at 13.
These projects are being executed by a mix of large system integrators, specialist blockchain vendors, consulting companies and in-house research teams at insurance companies. There is no clear template for engaging blockchain vendors yet, and different enterprises are using different combinations of Blockchain-as-a-Service (BaaS) providers, customized application developers, distributed application platforms (
Blockchain Technology and Consulting Vendors
Enterprises Involved in Blockchain Projects
More than 140 enterprises, government organizations, and regulators have come forward to test this new technology. Some of the key industry stakeholders involved in these projects include general, life, health, auto
These enterprise blockchain projects are helmed by senior executives that include a combination of business and technology decision-makers from enterprises as well as technology and consulting solution providers. Some of these executives include CEOs and Deputy CEOs, EVPs, CFOs, CIOs, Chief Digital Officers, Managing Directors, Presidents, and Consulting Partners, among others.
Senior Decision Makers who are driving these Projects
Blockchain Consortia related to Insurance Industry
The urgency for blockchain adoption, within the insurance
What will you do with this intelligence?
PHONE: +91 11 4909 4867