The Indian insurance industry is turning to blockchain to improve data sharing, reduce fraud, increase transparency, and save costs Blockchain can create a secure and transparent network of data ...

Dr. Robert Murphy, the chief economist at Infineo, shared his thoughts on the evolution of blockchain in life insurance and the broader financial landscape during the Benzinga Fintech Awards, where ...

Insurance is one of the industries actively introducing technology into its processes. In 2021, 59% of insurance firms increased their investment in innovation to show customers new and better ways to ...

Fraud. An elusive threat to the insurance industry for decades. Yet the emergence of AI has excited insurers about potential ways to significantly reduce fraudulent claims. However, another technology ...

The offering brings excess-of-loss reinsurance risk on-chain through tokenized securities issued on Solana, creating a new bridge between ...

Abacus Life Settlements and Longevity Market Assets are collaborating with BlockCerts Blockchain on a new business model and technology platform to launch Abacus into a new era for insurance and ...

While blockchain is the underlying technology behind cryptocurrency, it is its own technology with many other uses. Photo Credit: NicoElNino/Shutterstock Despite being a natural-use case for ...

The introduction of blockchain technology in the insurance industry will likely help firms cut expenses and speed up claim settlement, says Moody’s Investors Service in a report published Monday.

Willis Towers Watson Public Limited Company WTW has acquired Redefind, designed to facilitate access to insurance products ...

How blockchain can disrupt the insurance industry To overcome challenges of fraudulent activity and digital transactions, the insurance industry is beginning to introduce blockchain, which is designed ...