Collaboration to Revolutionize Identity and Insurance Verification
Working in collaboration with Evident, a data security platform that allows businesses to run comprehensive, accurate verifications without handling sensitive personal data, the new blockchain solution will streamline the onboarding of gig economy workers by simplifying the insurance and identity verification process with added trust, safety, and risk management.
Built on the IBM Blockchain Platform and open source Hyperledger Fabric, with input from insurance standards leader ACORD, Marsh announced its commercial blockchain for proof of insurance earlier this year. This collaboration with Evident marks an expansion of Marsh’s blockchain’s capabilities which, when connected with Evident’s Identity Assurance Platform, will digitize certificates of insurance into immutable records so that all permissioned parties can instantly verify information.
“The beauty of blockchain technology is its ability to provide trust, efficiency, and security across ecosystems,” said
“Verification and validation cause significant friction in the sharing economy. Solving this challenge requires a solution that brings together trusted information from several parties,” said
A global leader in insurance broking and innovative risk management solutions, Marsh’s 30,000 colleagues advise individual and commercial clients of all sizes in over 130 countries. Marsh is a wholly owned subsidiary of
Evident is revolutionizing the way personal data is shared. Evident’s simple, secure Identity Assurance Platform lets businesses confidently know who they are dealing with without handling sensitive personal data. With connections to thousands of authoritative sources through a single API, Evident is the only platform that enables comprehensive, accurate and up to date identity and credential verifications without the risk and liability of holding personal information. For more information, visit www.evidentid.com.