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Chain Reaction: How Blockchain Technology Might Transform Wholesale Insurance


The power of possible.






The potential for blockchain to deliver substantial value to financial services is enormous.

Not only does blockchain offer the promise of cost reduction and efficiency, but it could also enable revenue growth, as insurers attract new business through higher-quality service.

Blockchain technologies can help the wholesale insurance sector fulfil its role in underpinning the global economy more effectively. Just as blockchain is being pursued as a force for positive change in other areas of society – from identification for refugees to better public service delivery – it can also help wholesale insurance to discharge its responsibilities for the common good.

Read more:
http://www.pwc.com/gx/en/industries/financial-services/publications/blockchain-technology-might-transform-wholesale-insurance.html

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