A Business Case for Blockchain-based Micro-insurance to Solve the Property & Casualty Premium Growth Problem
20 Nov 2018 | 13:21 pm
Aon plc, Oxfam and Etherisc are working together to deliver micro-insurance using Ethereum blockchain to thousands of field farmers in Sri Lanka. "Not everyone can see a potential strategic value (which I estimate in upper single digit $billions worth of premium income over 5 years) hidden in this and a couple of other projects," writes Aon's Hugo Wegbrans. "Even fewer can spot, design or deploy mechanisms capable of creating and capturing this value at scale," he adds.