利用基于区块链的死亡率监测器提高人寿和年金行业的运营效率

The Mortality Monitor application has demonstrated the potential to significantly improve operational efficiencies in the Life & Annuities industry. By incentivizing secure, permissioned data sharing, the application can assist carriers in identifying potential deaths more quickly, thereby reducing time, cost, and risk. The application also aims to improve the beneficiary experience by expediting the industrywide claims process. Furthermore, the Mortality Monitor’s single-source of truth concept sets the stage for a larger vision, extending the network participants to include entities who may have the original source of death information. This inclusion is a next logical step to further expedite the process of providing death benefits to those left behind after a loved one’s death.

The study found that roughly 4% of the deceased policyholders from one of the carriers also had policies or financial instruments with one of the other two carriers.

This percentage was much higher than anticipated for three participating companies.

The percentage would be expected to grow substantially with a much larger network, which is expected with a production rollout of the app.