Japanese insurer launches blockchain application to manage data of insurance intermediaries and agents

Posted by dezort on Nov 03, 2020
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The Japanese insurer specializing in short-term smart insurance - small-amount short-term insurance (SSI), has launched a blockchain project "STATICE" to manage the data of insurance intermediaries and agents. SSI includes, among other things, home property insurance, tenant insurance, motorcycle or bicycle.
The idea of the blockchain project is to create a common industry tool, which, in addition to SBI Nihon SSI, will be used by three other smart insurers - SBI IKIIKI SSI, SBI Resta SSI and SBI PRISM SSI. Currently, each of the 108 SSI companies in Japan has its own intermediary and agent management systems. Part of the problem is that the procedures require SSI insurance companies to register only the attorneys with whom they work in the financial bureau.

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(6 comments)
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  • by osappi
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    osappi

    Therefore, to remain competitive and viable, the insurance company needs to focus on providing the best personalized customer service. In achieving this goal, a good assistant can be CRM https://idapgroup.com/blog/developing-crm-software-for-insurance-company/ - a customer relationship management strategy, which implies three key factors: ensuring a single corporate vision of the company's clients; retention of profitable clients; control costs as your business expands. These three factors work together to increase sales while reducing costs, resulting in increased revenue and profitability.

  • by osappi
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    osappi

    The expiring year due to COVID 19 proved to be a real challenge for the insurance business.

    • by osappi
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      osappi Rate this comment 0 0 | Report

      Therefore, to remain competitive and viable, the insurance company needs to focus on providing the best personalized customer service. In achieving this goal, a good assistant can be CRM <a href="https://idapgroup.com/blog/developing-crm-software-for-insurance-company/">https://idapgroup.com/blog/developing-crm-software-for-insurance-company/</a> - a customer relationship management strategy, which implies three key factors: ensuring a single corporate vision of the company's clients; retention of profitable clients; control costs as your business expands. These three factors work together to increase sales while reducing costs, resulting in increased revenue and profitability.

    • by osappi
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      osappi Rate this comment 0 0 | Report

      https://idapgroup.com/blog/developing-crm-software-for-insurance-company/

  • by aglaya
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    aglaya

    Blockchain technologies are actively used in insurance companies Blockchain technology relies on a decentralized platform, with the best security in the world. For insurance companies, leaking customer data can lead to business loss.
    You can read more about it in the article https://blog.dataart.com/the-innovative-approaches-redefining-the-insurance-sphere
    Insurance companies also apply other technological innovations that make companies work more efficiently and customer service better. .

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