When most of us hear the word “blockchain,” we think about cryptocurrencies like Bitcoin. But could blockchain technology be used to enhance insurance processes? Tram Vo, CEO and founder of Mobility Open Blockchain Initiative (MOBI), sees the appeal. MOBI is …
The enormous amount of uninsured loss from Hurricane Ian will lead to a “veritable swamp” of trial lawyers waiting to sue the insurance industry, according to one industry expert at AAIS Pulse. “This could be anything from the old wind-versus-water …
Insurance advisory organization AAIS (American Association of Insurance Services) has received approval from the Florida Office of Insurance Regulation for its new predictive model. The AAIS Fire Loss and Mitigation Evaluation Score (FLAMES) was designed to improve on existing methods …
AAIS (American Association of Insurance Services), a not-for-profit insurance advisory organization, has added additional features to its openIDL blockchain platform, including: improved data call transparency and communication capabilities specifically designed for insurance regulators; enriched core data sets; and innovative blockchain …
