Blockchain platform launch aims to bring down insurance costs

London-based Insurtech company, Blocksure, has launched Blocksure OS, an insurance blockchain platform which aims to bring down costs for the industry and consumers.   Blocksure OS is the first product is in partnership with broker Commercial and General and is underwritten by UK insurer Covea Insurance. It will be available in some overseas markets in late 2018. Blocksure expects the platform will reduce back office costs for the insurance industry by up to half (50%). It provides an end-to-end service for both consumers and the insurance industry. The platform will be applicable ...