Introduces Blockchain, distributed ledgers & smart contracts & how Blockchain supports them. Provides use case examples & defines strategic implications & design considerations. ~ Speaking: Andrew Bull – Bull Blockchain Law
Overview of Blockchain’s current / expected use / impact in a digital insurance industry. Primary use cases, initiatives & adoption timeline. ~ Speaking: Mike Connor – SVIA | Andrew Bull – Bull Blockchain Law
Introduction to Blockchain Program, SVIA & its membership program. Overview of Blockchain, it’s origin, how it works. Adoption & use cases in other industries. It’s impact on business, culture, and society. ~ Speaking: Natalie Wood – SVIA | Mike Connor – SVIA
On Tuesday, January 29th, Insurance leaders, StartUps and Venture Capitalists all gathered from around the globe at the SVIA Blockchain | Smart Insurance Workshop to learn the latest trends, best practices and case studies on how Blockchain is revolutionizing the insurance industry.
Through informative panel discussions, hands-on workshops, and C-level speaker sessions, attendees were introduced to emerging Blockchain-enabled products and business models which included discussions on strategic implications and expected timeline for adoption.
The action-packed agenda was filled with speaker sessions led by InsurTech leaders that helped attendees filter the hype from reality and connected Insurance companies to leading startups and innovators using Blockchain to drive strategic and operational change.
• Three Hands-On Workshops: Individual attention in classroom-like settings. Design Thinking and Blockchain, Developing a Smart Contract, Creating a Corporate Blockchain Strategy
• Networking! Attendees enjoyed breakfast, breaks, lunch, Brella, the networking app for 1:1 meetings, and a cocktail reception
• Startup Showcase: Insurtech Startups in Blockchain pitched for investments and partnerships.
• Wide Range of Top Presenters: InsurTech Blockchain Startups, Carriers, Legal/ Regulatory, BC Consortiums and Solution Providers presented case studies and best practices.
We hope you can join us at our next event on March 20-21, SVIA’s InsurTech FUSION 2019 Summit in San Francisco!
Overview of how disruptive technologies like IoT, blockchain, big data / AI, smart contracts and open source are affecting development of insurtech; given this digital ecosystem, how do you successfully address and manage IP? ~ Speaking: Courtney York – Akin Gump | Ashley Brown – Akin Gump |
Overview of the changing SMB workers compensation landscape and the impact it will have on customer engagement business and distribution, technical, and partnering strategy and choices. ~ Speaking: Svetlana Bronshteyn – Independent | Scott Knowles – Modgic
InsurTech StartUps Pitch ~ Speaking: Natalie L. Wood – SVIA | Scott Knowles – Modgic | Ted Chen – Lifesaver | Adam Kiefer – Talage | Sri Ramaswamy – infinilytics | Calvin Liu – ReSecure | Vas Bhandarkar – ScoreData | Kunal Contractor – Avaamo | Jake Diner – Elafris | Nick Zambruno – HumanAPI |
Overview / examples of emerging blockchain capabilities for SMB and the processes, business models and strategies they are enabling. ~ Speaking: Joan Zerkovich – AAIS |
Blockchain For Dummies, IBM Limited Edition, equips you with an understanding of what blockchain is, how it works, and how it can enhance your business and the industry in which it operates. You learn the fundamentals of blockchain and how this technology will revolutionize transactions and business networks.
[This is a multi-part series covering blockchain technology and its transformative impact on the insurance industry. In part 1, we reviewed the WHY and WHAT of blockchain. In part 2, we discuss smart contracts and their implications on the entire insurance value chain.]
The concept of smart contracts dates back to 1994, when Nick Szabo – a cryptographer widely credited with laying the groundwork for bitcoin – first created the term “smart contract.” A smart contract is essentially a computer program set up with all the conditions agreed to by the parties involved and can automatically execute the terms of a contract. Like normal contracts they help you exchange money, property, shares, or anything of value but do so in a transparent, conflict-free way while avoiding the services of a middleman. For example, pharmaceutical and medical device companies have used software programmed with a contract’s conditions to monitor ERP and other systems and issue rebates and chargebacks depending on their sales channels meeting or exceeding certain conditions.
