On October 4, RiskStream (formerly RiskBlock) announced new appointments to its U.S. Life & Annuity Advisory Board. The blockchain consortium has appointed Eric Henderson, President of Nationwide Annuity, and Bob Bastian, CIO of Individual Solutions Group at Prudential Financial, as Chair and Vice-Chair respectively to the advisory board.
RiskStream is a part of U.S. insurance education body The Institutes, which mainly active in the property and casualty sector. In 2017, the consortium partnered with LIMRA for expertise in the life and annuities sector. The two are working on a blockchain-based
credentialing platform and death notification system dubbed as a “
Mortality Monitor.”
A few months ago, the RiskStream Collaborative U.S. Life & Annuity Advisory Board unanimously voted to select licensing and appointments as its next target area. The focus of RiskStream on life and annuity insurance is clear from the recent appointments of top executives from the sectors.
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