Insurance News

The RiskBlock difference: Get real!

trains
When you think about an industry alliance, it’s easy to imagine a comfortable, slow-moving get together. Talking to Christopher McDaniels, Executive Director of the RiskBlock Alliance of insurers, the image is more of a rapidly moving train that has a clear destination.
About RiskBlock RiskBlock is a non profit alliance founded by The Institutes, a member body that provides research, training and professional qualifications for the Property & Casualty sector in the USA.
In addition RiskBlock has signed up LIMRA that provides a similar role for Life and Annuities. McDaniels believes the non profit aspect is crucial in bringing the parties together.
The Alliance’s focus is on action, targeting a fast rollout of real-world production applications. They “don’t do Science projects.” Every prototype that’s built has to have a path to production. No one-offs or standalone projects. Everything is re-usable, ROI matters.

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