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Insurwave - blockchain-enabled marine insurance

· Blockchain,Insurance Industry,Innovation

On the back of the long withstanding collaboration and thought leadership endeavours an equity joint venture between EY and Guardtime to digitise and automate processes in the commercial insurance industry. The platform Insurwave went live in 2018 with benefits including speed and accuracy for settlements and claims, bringing risk closer to capital and improving capital requirements under Solvency II.

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