The Collision Industry Electronic Commerce Association (CIECA) will host a free webinar on the evolution of blockchain technology and its use by auto insurers on Thursday, May 7, at 2 p.m. (EDT). The one-hour live broadcast, “The Evolution of Blockchain and How Insurers Are Leveraging the Technology,” will feature Eric Phillips, senior director of product […]
State Farm and USAA Testing Blockchain Solution for Subrogation
During the 2019 Dig In Conference, State Farm and USAA announced a joint subrogation solution, and are now using real claims data to test how blockchain technology can improve the speed of the auto claims subrogation process. Subrogation is typically the last phase of an insurance claims process, when one insurance company recovers claim costs […]