Swiss Re Ag · SIX:SREN
Swiss Re — Everledger — Investor Presentation (2017)
17 slides from Swiss Re's investor presentation, 2017
Slide 1: Blockchain: enhancing the insurability of goods
Blockchain: enhancing the insurabi of goods
Slide 2: Origins of Blockchain
1 ORIGINS OF BLOCKCHAIN £45B+ Most€2B+ impactful digital transformation of our lifetime 10-15%
Slide 3: Blockchain for Insurance
3 BLOCKCHAIN FOR INSURANCE £45B+ €2B+ Asset Valuation Fraudulent Claims Claims Settlement 10-15%
Slide 4: Mother Earth's Assets
4 MOTHER EARTH’S ASSETS £45B+ €2B+ 10-15%
Slide 5: Everledger's Focus
5 EVERLEDGER’S FOCUS £45B+ €2B+ 10-15%
Slide 6: Key Facts and Trends
6 KEY FACTS AND TRENDS £45B+ €2B+ lost in insurance fraud globally cost of jewellery fraud to insurers 10-15% 65% claims paid out that are later of all fraudulent claims go found to be fraudulent undetected
Slide 7: The Problem
7 THE PROBLEM THEFT FRAUD CYBER CRIME PAYS WHEN PROVENANCE IS BROKEN
Slide 8: Vision
8 VISION is a permanent digital global ledger… …that protects …providing insurance … with an immutable history items of value… companies, owners, of item’s authenticity, claimants… existence and ownership.
Slide 9: Blockchain and Smart Contract
9 BLOCKCHAIN AND SMART CONTRACT Using: blockchain smart contract technology to create a real-time, global, distributed, immutable record of each valuable item’s movement
Slide 10: Why Blockchain?
10 WHY BLOCKCHAIN? Scaleable There is no limit to the quantity of information you can store on the blockchain. Immutable Fast Records are permenant When information is and cannot be changed. entered into the system it is automatically distributed Secure to all the network components. Every transacti
Slide 11: A Digital Global Ledger
11 SOLUTION - A DIGITAL GLOBAL LEDGER Using the best of emerging technology including blockchain, smart contracts and machine vision, Everledger aims to: - Protect against the occurrence of fraud, theft, trafficking and black markets - Address significant problems with double financing in the supply
Slide 12: The Diamond Pipeline
12 THE DIAMOND PIPELINE Rough Trade Polished Trade Retail Everledger has begun working with Everledger currently has 1 million Everledger works with online industry to track provenance from the diamonds digitally encrypted on the retail marketplaces mine blockchain Mine KPC Broker Exchange Cut Certi
Slide 13: Strategic Roadmap
13 STRATEGIC ROADMAP 2017 & Beyond Open Markets Art Wine Insurance Diamonds
Slide 14: Impact of Blockchain on Insurance: Valuation of Assets
14 IMPACT OF BLOCKCHAIN ON INSURANCE VALUATION OF ASSETS - Identify and certify the asset - Establish consensus on value - Better data for premium calculation - Transparency of asset’s history
Slide 15: Impact of Blockchain on Insurance: Fraudulent Claims
15 IMPACT OF BLOCKCHAIN ON INSURANCE FRAUDULENT CLAIMS - Increase in detection Shared information Decrease fraudulent claim payouts - Improves verification of the asset
Slide 16: Impact of Blockchain on Insurance: Claims Processing
16 IMPACT OF BLOCKCHAIN ON INSURANCE CLAIMS PROCESSING - Identifies multiple claims against the same object Gains of efficiency (smart contracts) Decrease in time required for settlement - Protects asset from multiple fraudulent claims
Slide 17: Basic Copyright Notice & Disclaimer
Basic Copyright Notice & Disclaimer ©2017 This presentation is copyright protected. All rights reserved. You may download or print out a hard copy for your private or internal use. You are not permitted to create any modifications or derivatives of this presentation without the prior written permiss