Read the latest edition of AIR and MEIR as an Interactive e-book

Jun 2022

Taiwan: Blockchain alliance starts trial to improve insurance operational efficiency

Source: Asia Insurance Review | Aug 2020

By leveraging blockchain technology, Taiwanese insurance customers with policies from multiple insurers will now be able to update their personal information or file claims by applying through just one of their insurers.
According to Taiwan News, the Chain of Insurance Industry Alliance along with 11 insurers started a six-month trial on this project from 1 July onwards in order to streamline applications and reduce redundancy.
Members of the alliance currently include Cathay Life Insurance, Taiwan Life Insurance and Nan Shan Life Insurance. However, Prudential, BNP Paribas, and AIA Group have also expressed interest in joining the alliance. A 
| Print | Share

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.


Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.