Insight and Intelligence on the London & International Insurance Markets

25 April 2018

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Blockchain and robotics to ‘take over’: Catlin

Bernard Goyder 10 October 2017

Distributed ledger technology is here to stay, former XL Catlin deputy chairman Stephen Catlin told a gathering of London market chief executives.

Blockchain, a way of storing and sharing data across a network, "will probably take over existing systems in the next five years", Catlin told the London 100 group last week, in a wide-ranging discussion on the impact of technology in the industry.

Catlin said that insurers needed to look at innovative ways to change both underwriting and risk...

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This article was published as part of issue October 2017/2

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