Blockchain solutions for insurance from Aetsoft
Enhance consumer trust
Offer consumers a fully transparent decision-making process, so they can see for themselves how payouts are defined and make sure the process is fair and reliable.
Data transparency
Blockchain allows you to create an accessible ledger of customer data; alternatively, you can grant them access to complete records of data sharing and usage.
Skills markets
Decentralized databases of skilled professionals and organizations seeking talent can automatically identify and connect good matches — all while remaining safe and traceable.
Innovative products
Reach out to new markets with modular and customizable products, utilizing tokenization and smart contracts to create new ways of offering insurance to businesses and individuals.
Enhanced customer journeys
Match and exceed customer expectations, offering fully automated workflows that let new customers explore options, sign up and manage their insurance with the user experience they expect and the security they need.
Regulatory compliance
Business models can be adjusted to remain compliant across jurisdictions using smart contracts, which can also be used to automatically meet auditability and record-keeping requirements.
Discuss a project
Tell us about your blockchain insurance project, and we will get back to you with a free consultation.
Get expert adviceBlockchain applications in insurance
Use case 1. Fast claim verification
Currently
Data distribution across databases hardens due diligence of insurance claims, making their collection a more lengthy process than it could be — with the right tools at hand.
With blockchain
Provide a single database for insurance-related assets — bills, payment and tax receipts, and others — to instantly access them all at once whenever required.
Use case 2. Digital property insurance
Currently
To get insurance, you need to go through a tiresome procedure with piles of papers to fill in and then waiting for their approval and verification.
With blockchain
Blockchain-enabled smart contracts significantly cut the time required for insurance; paperwork, application, validation — all automated.
Use case 3. Instant claim notifications
Currently
In travel insurance, contingencies, like trip cancellation, baggage loss, or flight accidents, involve different types of notifications, yet all of them are susceptible to downtime and delays.
With blockchain
Blockchain is a universal tool that enables real-time alerts on any force majeure; get updated in an instant!
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