By Sam Mire
Seven Corners CIO Ryan Brubaker is featured in the third part of the Disruptor Daily series on blockchain in insurance:
“The number one initial benefit that blockchain could have in the insurance industry is that it can be used to create encrypted digital ID cards for policyholders—a form of identification that would be impossible to fake. Blockchain technology could also streamline the claims process. For instance, a customer submits a claim for coverage of an automobile accident, the police accident report or medical bills could be directly added to the digital file, eliminating the need for customers to track down and submit that paperwork.”
Ryan was also featured in the first and second portions of the blockchain in insurance series.
Read the full article here.