The better the question. The better the answer. The better the world works. У вас есть вопрос? У нас есть ответ. Решая сложные задачи бизнеса, мы улучшаем мир. У вас є запитання? У нас є відповідь. Вирішуючи складні завдання бізнесу, ми змінюємо світ на краще. Meilleure la question, meilleure la réponse. Pour un monde meilleur. 問題越好。答案越好。商業世界越美好。 问题越好。答案越好。商业世界越美好。

When risks ebb and flow, should insurance premiums adjust?

The insurance industry is changing.
Blockchain is changing it for the better.

Blockchain in action: transforming marine insurance

Data and policy capture

Simplifying data collection and automating updates for transparency and certainty

Non-material declarations

Cutting the cost and complexity of contract changes

Blockchain & war-zone shipping

Flexibility to protect ships and cargo through high-risk zones

Claims

Enabling automated, real-time claims resolution

New real-time, blockchain-enabled platform to secure and streamline the marine insurance process

EY and Guardtime, as well as other industry and technology leaders, present the "first of its kind" enterprise-scale platform to integrate and secure the entire stream of disparate data sources involved in insuring shipments around the world. We are developing the platform in association with:
  • Maersk
  • ACORD
  • Microsoft
  • MS Amlin
  • Willis Towers Watson
  • XL Catlin

What's possible with blockchain

Blockchain-enabled platforms can successfully connect all parties in the marine insurance process and advance critical capabilities.
EY - 5 links in the block chain

Imagine a different kind of insurance industry:

EY - Better-working insurance: moving blockchain from concept to reality
  • Real-time visibility into the location, condition and safety of high-value assets moving around the world
  • Accurate, dynamic and fair underwriting and pricing based on that visibility
  • Contract certainty
  • Streamlined regulatory reporting and compliance
  • Accurate and transparent data sharing among all relevant stakeholders
  • Capital freed from poor credit system
  • World-class encryption providing security and bulletproof audit trails

EY - ArrowContact EY today to schedule a demo

EY Global insurance blockchain leaders

EY - Shaun Crawford
Shaun Crawford
Global Insurance Leader
EY Global Services Ltd.
+44 207 951 2172
EY - Ian Meadows
Ian Meadows
Senior Manager
EY UK LLP
+44 207 951 9594
EY - Preetham Peddanagari
Preetham Peddanagari
Principal
EY UK LLP
+44 207 951 6979
EY - Christine Delany
Christine Delany
Global Insurance - Director
EY Global Services Ltd.
+44 207 951 1733