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A Steep framework analysis of the key factors impacting the use of blockchain technology in the insurance industry

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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008  200722e20200701che|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎216
100  ‎$0‎MAPA20200016892‎$a‎Grima, Simon
24512‎$a‎A Steep framework analysis of the key factors impacting the use of blockchain technology in the insurance industry‎$c‎Simon Grima, Jonathan Spiteri, Inna Romanova
520  ‎$a‎The insurance industry plays a key role in any modern economy. Blockchain technology promises to completely revolutionise the industry, with several bold claims made in terms of facilitating and speeding up claims settlements and improving fraud management. In this paper, we examine the factors that may influence the extent of blockchain proliferation and penetration within the insurance industry. We adopt the steep framework to analyse the key social, technological, environmental, economic and political/legal issues that may impact the in surance industry's openness or otherwise to blockchain, drawing on a diverse, multi-disciplinary literature. We supplement this with data drawn from 565 European respondents to a survey on blockchain use within the insurance industry. The results emphasise the need for the industry to properly understand and communicate how blockchain can be implemented across different insurance tasks in order to obtain a more tangible view of its benefits for staff, management and customers alike.
650 4‎$0‎MAPA20160009583‎$a‎Blockchain
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080568641‎$a‎Digitalización
650 4‎$0‎MAPA20080586546‎$a‎Nuevas tecnologías
7001 ‎$0‎MAPA20200016939‎$a‎Spiteri, Jonathan
7001 ‎$0‎MAPA20200016946‎$a‎Romanova, Inna
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎01/07/2020 Volumen 45 Número 3 - julio 2020 , p. 398-425