Analysts laud choice of proving ground and predict that it will lead the way for more captive programs and for commercial insurance to see the advantages of blockchain.
The solution will give policyholders and regulators a secure mechanism by which to validate compliance with mandatory vehicle insurance and reduce the incidence of fraudulent policies.
The investment enables the companies to drive the adoption of blockchain in re/insurance by developing and applying decentralized technology, data/analytics, and consulting services.
The initiative consolidated 40 years of data from legacy systems into a single-data-model, end-to-end business processing platform.
Insurance executives can spare themselves sleepless nights by selecting partners with insurance industry knowledge, strong and sustainable leadership, and predictable long-term ownership scenarios.
The multi-tenant capable, fully integrated, re-engineered UI Benefits and Tax system has debuted for Mississippi, with launch for Maine planned for Dec. 2017.
Marcus Ryu affirmed the need for insurers to reinvent themselves along the lines of operational, digital, and data imperatives to expand the industry and address emerging risks.
The former BWT Consulting CEO joins the provider placement life insurance, captive insurance management and alternative risk transfer services at a time of growth.
HCL will implement a fully orchestrated and automated cloud management platform with advanced automation capabilities, supported through the vendor’s DRYiCE platform.
The platform-to-platform integration of the Glimpse Plus solution lets insurers using PolicyCenter easily offer their clients Octo’s telematics offering.