Parametric insurance & Blockchain : a new dimension to the ever young Insurance Industry
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| Tag | 1 | 2 | Value |
|---|---|---|---|
| LDR | 00000cam a22000004b 4500 | ||
| 001 | MAP20200015529 | ||
| 003 | MAP | ||
| 005 | 20200506132352.0 | ||
| 008 | 200506s20180904usa|||| ||| ||eng d | ||
| 040 | $aMAP$bspa$dMAP | ||
| 084 | $a216.1 | ||
| 100 | 1 | $0MAPA20200010531$aSawla, Srishti | |
| 245 | 1 | 0 | $aParametric insurance & Blockchain$b: a new dimension to the ever young Insurance Industry$cSrishti Sawla |
| 260 | $aSan Francisco$bA Medium Corporation$c2018 | ||
| 520 | $aParametric insurance and smart contracts seem made for each other. It's not the only type of insurance that will benefit from blockchain technology, but it probably represents the lowest-hanging fruit. It uses data sources and algorithms for underwriting and claims, and it's initiated by and paid to the policyholder based upon a set of specific parameters hence, parametric along with a predetermined sum that forgoes the traditional claims process.Off-chain data sources (such as IoT device events) capture data on usage related to shared automobiles, homes, commercial spaces, etc. and offer on-demand utilization related policies. This gives rise to a whole new class of ondemand insurance products. Creating a no-touch, frictionless procedure can eliminate human error in the claims process and could potentially save insurers millions every year and produce a better customer experience. Blockchain and parametric insurance have limitless possibilities | ||
| 650 | 4 | $0MAPA20170006718$aSeguros paramétricos | |
| 650 | 4 | $0MAPA20160009583$aBlockchain | |
| 650 | 4 | $0MAPA20200010555$aSmart contracts | |
| 650 | 4 | $0MAPA20080608835$aSuscripción de riesgos | |
| 710 | 2 | $0MAPA20200010562$aA Medium Corporation |