We have a lot of interactions in the insurance value chain which requires involvement of 3rd parties for each step of the process. The current paper heavy and manual process oriented industry can be make a lot efficient by bringing up of Blockchain smart contracts in the processes.
Auxesis is working with major Insurance companies to help them automate different processes across the value chain. Enabling a more transparent framework right from the Broker engagements to the claim settlement.
We have also enabled insurance companies to go truly peer-to-peer using our Blockchain products.