Mark Geoghegan Managing Director of Insurance Insider (and regular visitor to our Instech London events) chaired the popular journal's first Insurtech event in New York last week. I was part of a lively panel discussion on blockchain, which, as Mark writes in a recent article in the Insider, experienced it's own form of insurance disruption...
We were having a great panel discussion on blockchain with a highly qualified roster of technologists and industry practitioners. Everything was going swimmingly until after about 20 minutes we had an intervention from the floor. A member of the Insider's core traditional constituency put up their hand and a loud unamplified interjection filled the room. "Excuse me, you've been talking for a while now and it's all great, but can one of you please just stop and tell me exactly what blockchain is!" The experts on the slightly shocked panel soon set him straight and we were swiftly back on track. Our heckler hailed from the unreconstructed and hoary old world of reinsurance, but he had come because deep down he knew he had to find out what all the InsurTech fuss was about
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