Decentralised model set to solve insurance challenges and automate claims using artificial intelligence and data analytics PolicyPal Singapore, a registered digital insurance broker, and its affiliate company PolicyPal Network, a blockchain platform have announced a partnership with leading insurer FWD, to bring to market a suite of insurance products backed by insurtech and blockchain technology. This partnership brings together innovative insurance technologies offered by PolicyPal Network, combined with FWD’s insurance industry and digital expertise. FWD will also offer products on PolicyPal Network, an innovative blockchain solution that helps customers to buy and manage insurance easily through a one-stop digital insurance platform.

http://www.fintechasia.net/policypal-and-fwd-enter-mou-to-explore-using-blockchain-technology-and-smart-contracts-to-accelerate-disruption-of-insurance-sector/