Blockchains, Cryptoassets and Insurance - Risks and Opportunities

>> Event Overview

Blockchain, Distributed Ledger Technology, Bitcoin and cryptocurrencies in general keep appearing in the news. Whether it’s about ransomware, the dark web, money laundering or fraud, it tends to have only bad stories written about it. There’s also a lot of hype too as Bitcoin keeps going up in price, “DeFi” is the next big thing and Non-Fungible Tokens (NFT’s) are the latest craze. The digital artist known as Beeple recently raised $69 Million from the auction of an NFT.

The technology is full of buzzwords which makes it difficult to appreciate that it does offer some radical alternatives to how businesses operate and could have a transformative effect – particularly in insurance.

The session is intended for those who wish to gain an understanding of blockchain core concepts, use cases and relevance to insurance. It is designed to be business, rather than technical, focused and no prior knowledge of blockchain is required.

>> Learning Objectives

By the end of the session, participants will be able to:

• Understand what a Distributed Ledger is

• Be aware of examples of how blockchain is being used across a range of industries

• Discover how blockchain is being used in Insurance

• Be aware of the main insurable risks

• Understand what cryptoassets, cryptotokens and cryptocurrencies are

>> More about our speaker

Gary is well recognised in the Blockchain / Distributed Ledger Technology arena, with particular expertise in the commercial insurance and legal sectors. He is listed in the “Top 100 Blockchain influencers” list and has presented at numerous international conferences and events since 2015.

He ran a series of blockchain proof of concepts in the Lloyd’s Market and has since helped InsurTech firms in the FCA Innovation Sandbox and Lloyd’s Lab. Gary maintains an active involvement in blockchain/Distributed Ledger Technology through his advisory role to Blocksure, an Insurance Technology start-up and is technical advisor to ClydeCode – an innovative consultancy bringing together the legal expertise of international law firm Clyde & Co with the emerging capabilities of Smart Contracts.

Gary provides blockchain masterclass training for the general market and offers bespoke training in insurance, legal, pharmaceuticals, automotive and media sectors.