Blockchain: How insurers are building up trust by breaking down barriers

23 - 24 Jan 2017

Location: Rüschlikon/Zurich, Switzerland

About the event

Blockchain technology has opened up a number of new possibilities once considered unimaginable. Whether it's the possibility of instant payments, self-executing "smart" re/insurance contracts, lower transaction fees, less paperwork, or other efficiency gains, the insurance industry is taking note. A number of new entrants as well as the industry's established players are keen to identify and leverage the business opportunities that blockchain technology promises.

At the event "Blockchain: how insurers are building up trust by breaking down barriers", hosted by the Swiss Re Centre for Global Dialogue, participants will interact with top-notch experts and exchange ideas and insights about blockchain with the goal of 1) improving understanding of business opportunities and challenges and 2) determining how the insurance industry can best position itself to capitalise on the opportunities and 3) accelerating cross-company efficiency.

The event will also offer participants the opportunity to test real life applications of blockchain technology and interact with companies that are developing new products and services that could transform the insurance industry. 

Agenda

 

Monday, 23 January 2017

18.00

Welcome address and opening remarks
Andreas Schertzinger, Lead, Reinsurance Technology Initiative, Swiss Re

18.10

The Blockchain Revolution: How the technology is changing money, business, and the world
Alex Tapscott, Co-Author of Blockchain Revolution, CEO of Northwest Passage Ventures

18.55

Demo: Using Blockchain to make charitable donations
Guido Baroncini Turricchia, CEO Helperbit

19.15

Apero and welcome dinner 

 

Tuesday, 24 January 2017

8.00

Coffee and networking

8.30

Introduction to day 2
Andreas Schertzinger, Lead, Reinsurance Technology Initiative, Swiss Re

8.35

Keynote 1: How blockchain enhances the insurability of goods
Leanne Kemp, Founder and CEO, Everledger

9.05

Keynote 2: Blockchain-resident smart contracts: opportunities and challenges
Casey Kuhlman, CEO, Monax Industries

9.35

Keynote 3: Blockchain: Disruption or sustained innovation?
Kamesh Raghavendra, Vice President at The Hive

10.05

Demonstration: Insurance blockchain in action
David Edwards, Founder and Product Lead, ChainThat

10.25

Coffee break & Visit to blockchain kiosks

11.15

Interactive breakout sessions on the opportunities and challenges of blockchain (Round 1)

  1. Building enterprise grade blockchains
    Matthew Roszak, Co-Founder, Bloq and Founding Partner, Tally Capital
  2. Understanding the Ethereum Blockchain Protocol
    Taylor Gerring, Consultant, Ethereum 
  3. Ensuring privacy and confidentiality on the blockchain
    Gabrielle Patrick, co-founder and general counsel, Epiphyte
  4. Digital identity and sensitive data on blockchains
    David Birch, Director of Innovation, Consult Hyperion
  5. The impact of blockchain on financial market infrastructure
    Ian Haycock, Chief Operating Officer Asset Management, Swiss Re
    Jürg Unger, Head Custody & Vendor Relationship Managment, Swiss Re

12.00

Lunch

13.00

Interactive breakout sessions on the opportunities and challenges of blockchain (Round 2)

  1. Building enterprise grade blockchains
    Matthew Roszak, Co-Founder, Bloq and Founding Partner, Tally Capital
  2. Understanding the Ethereum Blockchain Protocol
    Taylor Gerring, Consultant, Ethereum
  3. Ensuring privacy and confidentiality on the blockchain
    Gabrielle Patrick, co-founder and general counsel, Epiphyte
  4. Digital identity and sensitive data on blockchains
    David Birch, Director of Innovation, Consult Hyperion
  5. The impact of blockchain on financial market infrastructure
    Ian Haycock, Chief Operating Officer Asset Management, Swiss Re
    Jürg Unger, Head Custody & Vendor Relationship Managment, Swiss Re

14.00

Intra Group Retrocession (IGR) use case demo
Richard Phipps, Senior Finance Project Manager, Swiss Re
Jags Rao, Blockchain Workstream Lead, Swiss Re

14.30

Blockchain Insurance Industry Initiative (B3i) update
Sylvain de Crom, Head of R&D, Aegon Blue Square Reinsurance
Paul Meeusen, Director Finance Global Business Solutions, Swiss Re

14.50

Coffee break

15.20

How start-ups are testing the value of blockchain in the insurance industry

Symbiont: Blockchain Catastrophe Swap (demo)
Caitlin Long, Chairman and President, Symbiont

Skuchain: Blockchain for supply chain insurance (demo)
Srinivasan Sriram, Founder & CEO, Skuchain

Tradle: KYC and identity decentralised workflow on blockchain (demo)
Gene Vayngrib, CEO & Co-founder, Tradle

16.20

Keynote 4: Preventing the use of blockchain for nefarious purposes
Mariusz Nowostawski, Associate Professsor, Norwegian University of Science and Technology

16.50

Panel discussion on blockchain's implementation challenges and opportunities
Moderated by: Elizabeth Wesson, Director Digital Strategy, Swiss Re

Panellists:

  • David Birch, Director of Innovation, Consult Hyperion
  • Perianne Boring, Founder and President, Chamber of Digital Commerce
  • Elizabeth Stark, Co-founder & CEO, Lightning

17.30

Wrap-up
Andreas Schertzinger, Lead, Reinsurance Technology Initiative, Swiss Re

17.40

Farewell drink


This event may be photographed, filmed and/ or recorded. A summary of the event, pictures and/or a video of the event in which you may appear may be posted and made available on Swiss Re’s and the Swiss Re Centre for Global Dialogue’s internal and external websites and in printed materials.

Speakers

Exhibitors

Accenture
Accenture is a pioneer on Blockchain Technology, focusing on: Development of Distributed Ledger Technologies; thought leadership & patents; co-innovating proof of concepts (PoCs) and evolving solutions; and building an ecosystem of partners. The company has global research and development teams in the US, Europe and Asia, as well as numerous patents, including the “redactable Blockchain” patent. Accenture acts as innovation ecosystem enabler and co-innovation partner to the industry, FinTechs and consortiums, such as Hyperledger, Digital Asset, Ripple, MultiChain, Linux and MONAX. Accenture has been delivering real life implementations as well as PoCs and pilots for banks, exchanges, and the insurance industry, and is part of regulatory discussions and standard definition working groups on Blockchain.

Accenture will showcase a selection of insurance-related Blockchain use cases including Pension fund administration, Blockchain for Healthcare (IoT based) and Smart oracle (IoT based).

https://www.accenture.com

Adridadou and managination
Insurchain was first implemented as a proof of concept by David and Micha Roon of Adridadou and managination at the 2016 EPAM Blockchain Hackathon in Zurich, where it claimed first prize. Insurchain is the brainchild of Zurich Insurance’s Antony Elliott. Its aim is to eliminate manual reconciliation from the insurance reselling process by using the Ethereum blockchain as a trusted data store. This automation improves the profitability of low price, high volume insurance products.

Adridadou and managination offer consulting services and training to companies that enable them to create and maintain successful blockchain projects.

Bitcoin Suisse AG
Bitcoin Suisse AG is Switzerland’s leading full-service Bitcoin company. Located in the Swiss "Crypto Valley,” as the area around the city of Zug is known, they provide a variety of financial services including brokerage, trading and advisory. The Company also deals in physical precious metals and other Crypto-curriencies like Ethereum. Bitcoin Suisse also operates the largest network of two-way Bitcoin ATMs (BTMs) in the country allowing clients to buy *and* sell Bitcoin for Swiss Francs. Lastly, they produce novelty Bitcoin certificates and physical coins to help generate public awareness for the crypto-currency. Bitcoin Suisse AG is your Swiss partner in regards to Bitcoin, crypto-currencies & decentralized finance!

https://www.bitcoinsuisse.ch/

ChainThat
ChainThat is a technology-focused start-up that specialises in delivery of Blockchain-based enterprise distributed applications and products across different industry verticals. Our team has an extensive background in the insurance industry with over 100 years of experience designing and deploying insurance solutions, many of which have won industry awards.

Our team has invested in understanding Blockchain & decentralised technologies and how these can be adopted in practical and deployable enterprise insurance solutions. ChainThat is uniquely placed to help insurance organisations to execute their digital strategy and vision by leveraging the benefits of Blockchain technology to deliver competitive advantage.

http://chainthat.com/

Etherisc
Etherisc builds smart insurance applications on the blockchain. Decentralised applications on the blockchain can make insurance processes much more efficient, with lower operational costs and higher transaction speed compared to traditional insurance.

In September 2016, Etherisc launched the Flight Delay Dapp, which was created for Devcon2, the annual Ethereum developer conference that was held in Shanghai, China. Flight delays are a natural use-case for "parametric insurance", a product for which a damage and claim can be programmatically verified using a trusted data source.

https://fdd.etherisc.com/

Helperbit
Helperbit is an Italian startup that uses the Blockchain technology to allow people to donate digital and local currencies to charities as well as to people in need all over the world. Donors can trace their donation and the manner in which it is used, offering full transparency of economic flows.

This reverses the traditional home insurance model for natural disasters, thanks to a service powered by blockchain that empowers users to customise their premium. Microinsurance is also possible and claims payments are fast, fair and transparent.

https://www.helperbit.com/

Skuchain
Based in Silicon Valley, Skuchain is the thought leader in the Blockchain powered supply chain management space. With a strong team of serial entrepreneurs from Stanford, MIT, Berkeley and the University of Pennsylvania, Skuchain helps enterprises tap modern technology to harness the power of ‘Collaborative Commerce’. Skuchain has 6 patent applications and co-produced Blockchain University. The company also convenes the Blockchain Initiative for Commerce (www.blockice.org) and captains Trade Finance in the Innovation Council at BAFT. Recently, Skuchain initiated the first live Blockchain transaction in trade finance with Wells Fargo in the US and Common Wealth Bank of Australia.

https://www.skuchain.com/