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Understanding blockchain for insurance use cases

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      <subfield code="a">Sessional Meeting - Understanding Blockchain for Insurance Use Cases</subfield>
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      <subfield code="a">Presentation  -- Understanding blockchain for insurance use cases: a practical guide for the insurance industry / by D. Popovic... [et al.]</subfield>
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      <subfield code="a">Insurance industry practitioners have deep knowledge of their industry but there is a lack of a simpleto-understand, practical blueprint on applying distributed ledger technology (DLT) solutions, including blockchain. This paper provides a practical guide for actuaries, risk professionals, insurance companies and their Boards on blockchain, including an education piece to provide an understanding of the technology. Examples of real-world applications and use cases in insurance are provided to illustrate the capability of the technology. The current risks and challenges in adopting the technology are also considered. Finally, a checklist of issues to consider in adopting a blockchain solution for insurance business problems is provided </subfield>
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