Blockchain Explained: The Technology, Insurance Applications, and Practical Realities
Blockchain is about more than cryptocurrency, and insurance professionals may encounter it without even realizing it. This webinar explains blockchain and smart contracts in plain English, then shows where the technology is appearing across claims, insurance verification, surety, life insurance, and parametric products. Learn what blockchain can improve, where limitations remain, and what it means for insurance professionals.
- Date and Time
- Webinar Duration
- 60 minutes
- CE Requirements
- Verify your state and license CE requirements
- Topics
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- Demystify blockchain and smart contracts with straightforward explanations designed for insurance professionals.
- Discover applications involving claims data, proof of insurance, surety bonds, life insurance, and reinsurance.
- Examine how parametric insurance can use predefined triggers and automated processes to accelerate payments.
- Recognize limitations involving basis risk, data quality, privacy, governance, and legacy systems.
- Consider how connected technology could change workflows while preserving the need for professional judgment and human interaction.