Willis Towers Watson at the Forefront of Blockchain Technology
This is the first time that blockchain technology is being used in insurance transactions for marine insurance and the technology is expected to be rolled out into other sectors in due course.
The technology will support more than half a million automated blockchain transactions and help manage risk for more than 1,000 commercial vessels in the first year. By connecting participants in a secure, private network with an accurate, immutable audit trail and services to execute processes, the platform establishes a first of its kind digital insurance value chain.
New Grief/trauma Program to Support Children, Families and Communities Impacted by Disaster
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