Blockchain to deliver up to $50bn cost savings per year to re/insurance sector

07-03-2018

Applying blockchain to the global re/insurance market could deliver operational cost savings of 10 percent to 25 percent or $20 billion to $50 billion each year, according to a report by blockchain solutions provider R3 and ChainThat.


Blockchain, Insurance, Reinsurance, R3, ChainThat, Insurtech, Technology, Global

Intelligent Insurer