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'The Potential for Blockchain Technology in Wholesale Insurance' - Report Launch

The Potential for Blockchain Technology in Wholesale Insurance - Report Launch


Monday, 18 July 2016

Z/Yen have carried our research on Blockchain and mutual distributed ledgers in wholesale insurance to produce a Long Finance report in association with PwC.  This will review the landscape of wholesale insurance, with a focus on processing needs and the potential for incremental and disruptive change from the use of distributed ledgers.  It will make recommendations on how the industry can identify immediate applications with a positive business case as a stepping stone to the use and diffusion of this new technology.

The launch event for the report will be held at PwC's Embankment Office: 1 Embankment Place, London WC2N 6NN on Monday 18 July for 08:00 and lasting from 08:30 till 10:30.  This will include an outline of the report and its recommendations and of work PwC is doing to build a Proof of Concept model to illustrate one of the prospective processing solutions identified.  There will be an opportunity to discuss and challenge the report findings with industry peers.  

Also to be announced at the launch is the proposed next step from the report, which is to put together a  consortium of insurance market actors to construct a business case for implementation of one of the proposed solutions identified in the report.  Assuming that the case is positive, the intention is that the consortium would then develop and implement the application. 

Professor Michael Mainelli, Executive Chairman, Z/Yen Group Limited

Steve Webb, UK FS Lead for Blockchain, Partner, PwC

Jonathan Howe, UK Insurance Leader, Partner, PwC








08:00 for 08:30-10:30


Discussion Group Leader

Professor Michael Mainelli, Executive Chairman, Z/Yen Group Limited



PwC, 1 Embankment Place, London WC2N 6NN