Blockchain in Insurance: Awareness Grows, Activity Still Limited

An SMA Research Report


Author(s):
Mark A. Breading, Senior Partner
Publication Date:
October 25, 2017
Number of Pages:
4
Price:
$395.00 USD

Blockchain technology is garnering headlines in both the tech and business worlds as a potential game-changer. How aware are P&C insurers of the technology? What use cases do insurers believe have the most potential for P&C personal lines and commercial lines? Is the excitement about the technology’s potential warranted? This research brief, based on a survey of insurance executives, answers these questions.

Blockchain in Insurance: Awareness Grows, Activity Still Limited identifies eight categories of use cases and tells what insurers think about the potential of each. Personal and commercial lines are discussed in this report, revealing significant differences between the sectors. The report closes with an SMA Call to Action that contains specific advice for insurers regarding blockchain.