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Old 03-15-2019, 03:15 PM
ACTEX_Pubs ACTEX_Pubs is offline
Join Date: Jun 2014
Posts: 148
Default Upcoming webinar: Blockchain for Actuaries in the Insurance Industry, 4/10

ACTEX eLearning Webinar: Blockchain for Actuaries and Accountants in the Insurance Industry
Event Date: April 10, 2019 1:00 - 2:15 PM EST
Presenters: Melissa Carruthers, FSA, FCIA & Louisa Bai

Sharpen your overview of blockchain in the insurance industry to help you better prepare for new projects using this important and rapidly emergent technology.


Applications of blockchain are becoming more commonplace across many industries, yet there is a lack of experiential knowledge surrounding the application and overall implications in the insurance industry.

In this ACTEX webinar, we will provide a brief introduction to blockchain and an overview of the maturity of blockchain in the life and health insurance industries specifically focusing on Canada, but with universal takeaways. Next, we will discuss some of the pain-points within the industry that blockchain applications hope to alleviate, including discussing the potential implications to the traditional actuarial function. We will then explore some of the criteria that organizations use when evaluating in which situations blockchain could be considered as an appropriate solution.

We will then shift our focus to a deep-dive into some of the high-potential use cases within life and health insurance where blockchain has been instituted or researched. Specifically, we will discuss areas where there are high-potential opportunities for actuaries to contribute to the identification and development of blockchain use cases within their organizations. Finally, we’ll discuss the progress we have made in both the US and Canada on developing an industry-wide blockchain consortium across both Life & Health and P&C, in partnership with The Institutes (RiskBlock Alliance) and LIMRA.

View the learning objectives and details at
ACTEX Learning | Mad River Books
PO Box 715 | New Hartford, CT | 06057
P (800) 282-2839 |
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Old 03-18-2019, 10:47 AM
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SpaceActuary SpaceActuary is offline
Join Date: Apr 2010
College: Drake U
Posts: 602

Just going to leave this here:

There's No Good Reason to Trust Blockchain Technology

Do you need a public blockchain? The answer is almost certainly no. A blockchain probably doesn’t solve the security problems you think it solves. The security problems it solves are probably not the ones you have. (Manipulating audit data is probably not your major security risk.) A false trust in blockchain can itself be a security risk. The inefficiencies, especially in scaling, are probably not worth it. I have looked at many blockchain applications, and all of them could achieve the same security properties without using a blockchain—of course, then they wouldn’t have the cool name.
And all this science, I don't understand; It's just my job five days a week...a rocket man, a rocket man...

"I'm from Iowa. I only work in space." - Adm. James T. Kirk
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