Insurance broker and risk adviser Marsh is rolling out a proof of insurance blockchain platform to US commercial clients.
Originally launched as a proof of concept last April, Marsh says the platform transforms the proof of insurance process from manual and complicated to automated and streamlined, speeding up business functions while increasing coverage certainty.
The initial rollout will include a self-service digital app for a select group of Marsh clients, that will be able to easily search, view, issue, and re-issue their certificates of insurance on-demand 24 hours a day.
Martin South, president, US and Canada, Marsh, says: "Proof of insurance is a key business requirement for many industries. By vastly simplifying the process of obtaining certificates, we will enable clients to spend more time focused on the things that matter such as growing their business."
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