Insight and Intelligence on the London & International Insurance Markets 22 Oct 2017
Blockchain and robotics to ‘take over’: Catlin
- 10 October 2017
Distributed ledger technology is here to stay, former XL Catlin deputy chairman Stephen Catlin told a gathering of London market chief executives.
Blockchain, a way of storing and sharing data across a network, "will probably take over existing systems in the next five years", Catlin told the London 100 group last week, in a wide-ranging discussion on the impact of technology in the industry.
Catlin said that insurers needed to look at innovative ways to change both underwriting and risk...
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