Focusing on the solutions rather than the technicalities, this webinar will provide members with a better understanding on how blockchain, distributed ledger technology and “smart contracts” will transform insurance in the future. Through use case examples, Willis Towers Watson’s senior economist Magda Ramada Sarasola will highlight blockchain’s potential impact on existing business models and practices, looking at specific operational, analytic and, ultimately, business-defining opportunities and threats it might bring. Magda will also look at distributed insurance use cases stemming from the blockchain native ecosystem and discuss autonomous risk sharing protocols and the feasibility of smart-contract-coded mutuals. She will also explain how, for insurers, blockchain is more relevant than other anticipated InsurTech developments due to its link to key global trends affecting the nature and business of risk.
- Magdalena Ramada Sarasola, Director - Senior Economist, Willis Towers Watson (USA)
Magda is Senior Economist at Willis Towers Watson’s Research and Innovation Center with 20 years of experience in R&D and international consulting. Magda holds a PhD in Quantitative Economics and Finance and was the firm’s Head of Research and Analytical Services. She currently focuses on strategic consulting for the Insurance Industry, especially around emerging markets, InsurTech and blockchain/distributed ledger technologies.
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