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Integrating blockchain into the insurance industry: is it a revolution brewing?
The insurance industry, sometimes perceived as slow to innovate, might witness a major transformation. Blockchain technology, known for its secure and transparent digital ledger, has the potential to revolutionise traditional insurance operations. This shift could potentially streamline processes, introduce new insurance models and products, and help manage emerging risks better. But what does this mean for policyholders and insurers? In this article, with thanks to members of Blockchain & Fintech Working Party at the Institute and Faculty of Actuaries for providing a review, we’ll explore three potential areas ... (full story)
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- Posted: Oct 10, 2024 8:22pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 97
