Topic: [2017-06-15] ET: AIG teams with IBM to use blockchain for 'smart' insurance (Read 436 times)
June 16, 2017, 01:28:50 AM
Teambrella is another interesting project in insurance domain.
June 15, 2017, 09:42:49 PM
all these should be under the NEWS sub-group
Rules specific to the Indian Board - We post news articles in the main Indian board and then move it to the press sub-board in a couple of days.
June 15, 2017, 04:47:39 PM
all these should be under the NEWS sub-group
June 15, 2017, 12:22:20 PM
AIG teams with IBM to use blockchain for 'smart' insurance policy
http://cio.economictimes.indiatimes.com/news/corporate-news/aig-teams-with-ibm-to-use-blockchain-for-smart-insurance-policy/59159272
Insurer American International Group Inc has partnered with International Business Machines Corp to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, the companies said on Wednesday.
AIG and IBM completed a pilot of a so-called "smart contract" multi-national policy for Standard Chartered Bank PLC which the companies said is the first of its kind using blockchain's digital ledger technology.
The Standard Chartered policy uses blockchain to facilitate sharing of real-time information for a main policy written in the United Kingdom, where the bank is headquartered, and three local policies in the United States, Singapore and Kenya.
http://cio.economictimes.indiatimes.com/news/corporate-news/aig-teams-with-ibm-to-use-blockchain-for-smart-insurance-policy/59159272
Insurer American International Group Inc has partnered with International Business Machines Corp to develop a "smart" insurance policy that uses blockchain to manage complex international coverage, the companies said on Wednesday.
AIG and IBM completed a pilot of a so-called "smart contract" multi-national policy for Standard Chartered Bank PLC which the companies said is the first of its kind using blockchain's digital ledger technology.
The Standard Chartered policy uses blockchain to facilitate sharing of real-time information for a main policy written in the United Kingdom, where the bank is headquartered, and three local policies in the United States, Singapore and Kenya.
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