Insight and Intelligence on the London & International Insurance Markets 15 Dec 2017

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Blockchain and robotics to ‘take over’: Catlin

  • Bernard Goyder 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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