AAIS has partnered with IBM to create an open Blockchain network that streamlines regulatory reporting to provide new insights for insurers, while enhancing timeliness, accuracy, and value for regulators.

"So as we looked for solutions we realized a traditional data management technology was not going to work for us. That would be trying to solve the problem doing the same thing we’ve being for years. And that’s where the Blockchain technology provides an immutable record for us," explains Joan Zerkovich, Senior Vice President, Operations, AAIS.

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