The world’s first decentralized cryptocurrency, Bitcoin, and the technology underpinning it, blockchain, was created in 2009.
April 30, 2018
For the insurance market, there has arguably been no greater potential for growth and innovation in recent years than that provided by blockchain, or distributed ledger technology.
January 30, 2018
Background to new ILS regime
September 05, 2017
The insurance industry is looking at the means to develop new business models that rely on the mining of large data sets in order to identify customers, price risk and analyse claims. Not only does the application of artificial intelligence (AI) have the potential to reduce costs by reducing headcount, it also has the potential to improve the accuracy and speed of decision-making and transform business processes.
July 26, 2017
Our global blockchain team has published a global legal and regulatory guide titled ‘Unlocking the blockchain’.
April 06, 2017
Accelerated use of technology in the insurance sector is having both a disruptive and transformative impact on areas including product development, distribution, modelling, underwriting and claims and administration practice.
February 06, 2017
Insurance industry investment in blockchain-type technologies to date has largely focused on the ability of these technologies to improve existing processes, for example record keeping and claims management and administration. Smart contract technologies underpinned by such technologies could have an equally transformative impact on the insurance market. There are however a number of factors that could impede the uptake of smart contracts.
September 20, 2016
Consultation paper published earlier this month propose regime for insurance special purpose vehicles
In the 17th century, Edward Lloyd’s Coffee House was the forum where prospective policyholder merchants could meet
In its March 2015 Budget, the UK government announced plans to promote the legal environment in the UK to encourage the