insurance reinventing - microsoft · reinventing insurance christoph mussenbrock etherisc....
TRANSCRIPT
Reinventing insurance
Christoph Mussenbrock
Etherisc
4.000.000.000
*) Quelle: Gesamtverband der deutschen Versicherer
€ per year. One in five Germans views insurance fraud as a peccadillo, which almost every one commits once. *)
The damage caused by insurance fraud is
The problem ...
Cost
Over-regulation
Misalignedincentives
Customerexperience
xIs there anyx xalternative?x
https://fdd.etherisc.comhttps://fdd.etherisc.com
https://crop.etherisc.comSame, parametric model applied to another insurance vertical
License &Regulations
Platform for decentralized Insurance on Blockchain
Risk Capital
Blockchain Infrastructure
Re-insurance
Service Provider
SalesAgent
RiskModel
Data
AI
Product Orcale
Broker
Claims
Etherisc Group Structure
Stiftung Decentralized Insurance TGE
Etherisc International AG
TGE Contributor
TGE Contributor
TGE Contributor
StandardsProtocolOpen Source
#D1ConfMarketing/PromotionHackathons/Competitions
Etherisc Cell
New Cell #1
New Cell #2
PCC Core
Etherisc Cell
New Cell #1
New Cell #2
SCC Core
For-Profit Insurance BusinessBlockchain focusedIncubator / Accelerator
Etherisc XY (possible
Entities in other jurisdictions)
Etherisc IT Service
(Tech Infra- structure)
DIP Token (Decentralized Insurance Protocol)
Etherisc Vision
Insurance on Blockchain will become:
● highly automated
● standardized and interoperable
● transparent and easy to audit
● provably fair
Product/Service Development
Marketingand Sales
PolicyAdministration
ClaimsManagement
AssetManagement
Reinsurance
Protocol stack
Ethereum Client Implementation (parity, geth, …)
EVM
HOL (e.g. Solidity, Viper, Haskell)
Coding best practices (e.g. safeMath)
Business Process (Engine), e.g. following BPMN 2.0 standard
Financial atomic processes & standards (payments, assets, data, identity, KYC, governance)
Insurance
Libraries Standards (e.g. ERC 20)
Banking Funds Other ...
Business Layers
TechnicalLayers
Proprietary extensions
Proprietary extensions
Proprietary extensions
Proprietary extensions
FlightDelay Architecture
FlightDelayRisk ModelValidation
T&C
Frontends: Web, Mobile, Status.im
Controller / Registry
NewPolicy Underwrite Payout
Ledger AccessControlDatabase
Framework Bus
Business Bus BusinessFrame
Workflow Frame
A lot of big challenges ...
Legal
What is the relation of a smart contract to written legal contracts?
Regulatory
Which regulatory obligations have to be met?
Products
What are interesting business cases?
Roadmap for a decentralized insurance platform
2017BluePrint
2018License
2019Platform
Operational Model
Regulatory safety
Funding
Enterprise Ethereum Alliance
Acquire licenses
Implement infrastructure
First products
Development of protocol
Open-Source protocol
Sub-licensing
Empowering the network
...
D1Conf
- first worldwide conference on decentralized insurance
Core Team, Advisors & Partners
xA worthwhile goalx
