Tostartanewsection,holddowntheapple+shiftkeysandclicktoreleasethisobjectandtypethesectiontitleintheboxbelow.Blockchainapplicationsininsurance“WhenIsawwhatthefundamentalprinciplesoftheblockchainprovided,itwasjustpatentlyobvioustomethatitwouldmakesensearoundreducingfraudrelatedinstancesofvaluables.”1LeanneKemp,ChiefExecutiveOfficer,EverledgerInsurers,likebanks,areintermediariesand,atfirstglance,thereisgreatpotentialforinsurerstouseblockchaintechnologytostreamlinepaymentsofpremiumsandclaims.Inaddition,blockchaintechnologiescouldsupportthesignificantdigitaltransformationunderwayintheindustrybecausemuchofthistransformationreliesondata.Forexample,actuariesandunderwritersareusingtheever-expandinguniverseofdatatobuildmodelsthatmoreaccuratelyestimateriskandpriceitaccordingly.Arguablythemostexcitingexampleofthistrendisintelemat