Yesterday
The Institutes RiskStream Collaborative announced the formation of a blockchain innovation lab. The insurance consortium has more than 40 property and casualty members as well as a group dedicated to life and annuities.
The new company, RiskStream Labs Inc, is focused on early-stage ideas to develop Proofs of Concepts (PoC). Longer-term some of these will become fully-fledged
RiskStream projects. It also aims to engage both members as well as insurance clients – the risk departments of companies outside of insurance. The company will be run by RiskStream leaders Christopher McDaniel and Patrick Schmid.
“We’re excited to work with some of the smartest minds in our profession and provide a central point to collectively collaborate and advance the industry,” said Christopher McDaniel, RiskStream president.
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