CertifiedTrue at Cardozo Law for InsurTech

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Really interesting Block chain symposium at Cardozo Law lasted night dubbed InsurTech: Blockchain’s Impact on Risk, Security, and Data Law sponsored in tandem with the Fintech Investors group. A great deal of attention is paid to exotic Block chain applications including of course cypto-currency but this forum focused on this technology’s potential impacts on insurance operation. Wendy Callighan, AIG’s Chief Innovation Legal Officer and Associate Counsel provided cutting edge insights on how block chain technologies and smart contracts were developing (being studiously careful of course not to offer any legal opinions). Stephen Graves CEO & Founder of CertifiedTrue.co discussed how CertifiedTrue was using cryptography and a unique proprietary block chain consensus model to address insurance fraud – a multi-million dollar problem. Douglas Graham of Ideation described how his company was building an ERP using block chain and Dmitry Kosten of 3D Solutions explained how his company was collaborating with a university and regulators to build a different kind of health insurer from the ground up using block chain.