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"By creating a model that recognizes and rewards smarter choices, we’re helping our customers' wallets while inspiring a better world,” Steve Harris, vice president at HiRoad Assurance Company, said in a press release about selected the EIS core platform to help enable the company’s “new smartphone-centric approach to insurance.” “By creating a model that recognizes and rewards smarter choices, we’re helping our customers’ wallets while inspiring a better world,” Steve Harris, vice president at HiRoad Assurance Company, said in a press release about selecting the EIS core platform to help enable the company’s “new smartphone-centric approach to insurance.” (Photo: iStock)

The Institutes RiskBlock™ Alliance, a blockchain consortium for the risk management and insurance industry, announced today that Accenture will serve as the lead framework architect responsible for building a production-grade platform to develop and implement blockchain and distributed-ledger use cases. The platform will enable the RiskBlock Alliance to implement and test multiple use cases by the end of 2018. “Accenture has established itself as a leader in developing practical blockchain solutions across a number of industries,” Christopher G. McDaniel, president of The Institutes RiskBlock Alliance, said in a press release. “Partnering with Accenture to develop real-world blockchain applications will lead to better insurance solutions and chart a clear course for effectively implementing blockchain technology throughout the insurance industry.”

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