Soak Test Validates Platform’s Ability to Securely Handle Large-Scale First Notice of Loss and Proof of Insurance Transactions.
New Program Establishes Framework for Participation with Member and Nonmember Organizations.
Joint Test Conducted with Chubb, Marsh and Others Moves RiskStream Collaborative One Step Closer to Production Usage of Blockchain Applications
The Institutes RiskStream CollaborativeTM has appointed Eric Henderson, President, Nationwide Annuity, and Bob Bastian, CIO of Individual Solutions Group at Prudential Financial, as Chair and Vice Chair, respectively, of the collaborative’s U.S. Life & Annuity Advisory Board.
Blockchain applications in personal auto lines can save thousands of hours and millions of dollars through automation and data sharing
Advisory Board Pursuing Second Use Case to Streamline the Credentialing Validation Process in the Life and Annuity Market
Blockchain consortium also announces new members in property and casualty sector
The Reinsurance Solutions business of Aon plc (NYSE: AON), and Guy Carpenter, a subsidiary of Marsh & McLennan Companies, are pleased to announce a joint effort with The Institutes RiskStream Collaborative to bring greater efficiency to the reinsurance placement process through distributed ledger technology (DLT).
New name reflects the consortium’s vision of streamlining, simplifying and bringing efficiencies to all areas of the risk management and insurance sectors