Blockchain: The 5 billion opportunity for reinsurers

Insurance and reinsurance companies are increasingly focusing on improving operational efficiency to help sustain or increase profitability in today’s market and we believe multiple distributed ledger technology ie. blockchain technology can help. Building on a recent PwC sponsored Z/Yen Long Finance report into ‘How Blockchain technology might change Wholesale Insurance’ highlights reinsurance as one of the aspects of the insurance chain that could benefit from using Blockchain technology. In this paper we reflect on the key findings of the report and the applicability of the results and opportunities for the reinsurance market.

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Stephen O'Hearn
Global Insurance Leader, PwC Switzerland
Tel: +41 79 792 9299
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Jonathan Howe
Global InsurTech Leader
Tel: +44 (0) 20 7212 5507
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Steve Webb
UK FS Blockchain Leader
Tel: +44 (0) 20 7804 1597
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Michael Cook
Director, PwC UK
Tel: +44 (0)207 213 2015
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