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“The beauty of blockchain technology is its ability to provide trust, efficiency, and security across ecosystems,” says Sastry Durvasula, Chief Digital, Data and Analytics Officer at Marsh. “As the need for insurance and identity verification grows, our collaboration with Evident harnesses the power of blockchain to transform a major business challenge for the sharing and gig economies.” “The beauty of blockchain technology is its ability to provide trust, efficiency, and security across ecosystems,” says Sastry Durvasula, Chief Digital, Data and Analytics Officer at Marsh. “As the need for insurance and identity verification grows, our collaboration with Evident harnesses the power of blockchain to transform a major business challenge for the sharing and gig economies.”

Marsh, the global insurance broking and risk management company, has joined forces with Evident, a data security platform, to develop a blockchain-based verification solution for clients in the fast-growing sharing and gig economies. The new blockchain solution is intended to streamline the onboarding of gig economy workers by simplifying the insurance and identity verification process with added trust, safety, and risk management.

GROHE, the maker of sanitary fittings, and Hartford Steam Boiler (HSB), a multi-line specialty insurer and provider of inspection, risk management and IoT technology services, have announced they are forming the largest U.S. water management platform, launching in early 2019. “The partnership combines the holistic approach of the GROHE Sense system to leak detection and mitigation with HSB’s technical expertise, analytics, and IoT services capability to bring a turnkey solution to the market,” and Nancy Onken, executive vice president of the HSB Group said in a press release. “Together, we will look to help solve one of the leading loss issues facing homeowners and their insurers.”

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