PwC Blockchain wants to win an Oscar for London-based Insurtech

PwC has created a working blockchain prototype for the London Market Target Operating Model (TOM) innovation exchange to use the technology for payments in the specialty insurance market.

The Proof of Concept (PoC) was completed over a six week period and focuses on “improving” the interaction between several different parties in the London market involved in a claims process (third party administrators, claims approvers and brokers).

Steve Webb, Blockchain for Financial Services …

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