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Blockchain Adoption in Insurance: The Story So Far

Blockchain Adoption in Insurance: The Story So Far

"Blockchain is a largely unknown territory for insurers. However, based on the initial use cases, there is no doubt about the technology's potential to support the delivery of secure and frictionless sales and service experience. It is therefore important for insurers to understand the forces that drive future spending in the area and start developing proofs of concept for the use cases that are most relevant and beneficial for them," said Sabitha Majukumar, senior research analyst, IDC Financial Insights.

Executive Snapshot
Situation Overview
Blockchain in Insurance — Uses and Benefits
Four Forces Driving DLT Investment in Insurance
Industry Participants
Technology Vendors and Service Providers
Regulators, Agencies, and Governments
Consortiums and Industry Collaborations
Selected Case Studies Utilizing Blockchain in Insurance
Advice for the Technology Buyer
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