Marsh said it will start rolling out its Proof of Insurance Blockchain platform to U.S. commercial clients.
Originally launched as a proof of concept last April, Marsh’s blockchain-driven Proof of Insurance platform automates and streamlines a process that is often complicated and typically done manually. Marsh said the change will let clients speed up necessary business functions while increasing coverage certainty.
The initial rollout will include a self-service digital app for a select group of Marsh clients who will be able to search, view, issue and re-issue their certificates of insurance on-demand 24 hours a day. Following the initial rollout, further capabilities will be added to the platform in 2019.
Marsh will be previewing the blockchain platform to clients at the upcoming RIMS 2019 Annual Conference & Exhibition in Boston, which will run from April 28 to May 1.