Blockchain can transform protection sector - Hymans Robertson

In its newly published Protection Insurance Focus report, the actuarial and advisory consultancy argued blockchain has the potential to transform the protection insurance market and position it for future success "The industry can harness this decentralised digital ledger technology and shake up the way it creates products, preventing them from being irrelevant and unappealing to today's customers," it added. The report noted blockchain could, for example, be used to collate data from a range of sources quickly and simply and bring it together to give providers a clearer view of a cus...