Blockchain part 2: captives in a volatile world
From: Captive International, September 18, 2017
In the second article of three on the use of blockchain in captives, Marcus Schmalbach of BlockART Institute investigates use cases and fields of application for existing captives, as well as potential reasons to set up a new captive within a company.
The scenarios will be considered on the basis of the anticipated business relationship, which revolves around the business models used in traditional insurance concepts or existing captive solutions. Selected framework conditions act as a basis for the examples that have been constructed. They offer perspectives on the potential offered by blockchain technology for the captive market.