“ When I saw what the fundamental principles of the blockchain provided, it was just patently obvious to me that it would make sense around reducing fraud related instances of valuables.”——Leanne Kemp, Chief Executive Officer, Everledger
Implications启示
A common claims-handling platform would still make it possible for individual insurers to compete for customers, offering a range of products and prices by virtue of the smart contracts they set up. Moreover, a blockchain could allow the industry as a whole to streamline its processing and offer a better user experience for customers who have to make a claim. Simultaneously, storing claims and customer information on a blockchain would cut down fraudulent activity – it would certainly make it much harder for criminals to mask their identities or attempt to claim more than once. Indeed, in many respects, with projects like the IFB now long-established, the general insurance industry faces a smaller cultural and organisational hill to climb than does banking and other sectors.
