Are Timid Underwriters Blowing A Business Opportunity With Blockchain?

There is a substantial business opportunity for insurers willing to learn about and underwrite nascent blockchain technology, says an account executive at The Axis Insurance Group in B.C. “There is a business coming along, it’s going to get bigger, and more companies are going to be using the blockchain technology somewhere along the path of their business models,” Clive Bird told Canadian Underwriter, when asked what he would tell underwriters interested in blockchain technology. “Blockchain is not going to go away, so learn how to underwrite these risks.”