InsurTech Futures: Blockchain and broking
Shân Millie explains why blockchain is important for the insurance sector and why brokers must pay attention.
Blockchain - there are no excuses for being unaware of the term - it's everywhere, especially at the start of a New Year with search engines groaning with ‘Top 10 Trends in Insurance 2017'. Blockchain consistently occupies a top three placing.
Essentially the technology is a ledger that is capable of recording transactions between two parties in an efficient, permanent and verifiable way.
Although it is 10 years' old (it is what makes Bitcoin work), potential insurance applications are now being
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