Month: October 2017

Blockchain in Insurance services: A bold disruption or an incremental evolution?

Information has been the lifeblood of businesses during this century, and corporates have evolved over the last two decades accessing, processing and monetising exponentially growing volumes of data. It has also exposed new risks around trust, security, transparency (or lack thereof), privacy and related trade-secrets. The global economic slowdown following the 2008 mortgage crises in

Insurers and reinsurers launch Blockchain initiative

Swiss Re together with a group of Europe’s biggest insurers have joined forces in an attempt to put Blockchain through its paces to evaluate whether the technology can help make the insurance industry more efficient. Aegon, Allianz, Munich Re, Swiss Re and Zurich have launched the Blockchain Insurance Industry Initiative B3i aiming to explore the

Aviva announces investment in robo service

Aviva has made no secret of the fact that it sees its digital operations as being crucial to its future – and now it has taken another step along the technological path by announcing a huge deal for a robo investment service. The insurance giant will acquire a majority shareholding in Wealthify Group Limited, the holding