The Covéa group is the first insurance company to join the Blockchain for Smart Transactions project (BST), launched by SystemX to contribute its expertise in customer experiences and test its application cases, not least in the field of automobile and home insurance.
Covéa, the French leader in third party insurance, and SystemX have allied to work together on digital changes in activities involving trustworthy third parties and develop new generation products and services. The Covéa group is the first insurance company to join forces with a technological research institute (IRT).
The win-win blockchain/insurance alliance
The blockchain is a more than promising technology for insurance professionals. It will undoubtedly contribute substantially to the development of Insurtechs in optimizing operating processes and to the emergence of new, ever more personalized, insurance offers. Today, Covéa, which is beginning digital transformation in the services of its customers, is choosing to adopt this new technology for identifying and assessing the uses of the Blockchain, take advantage of its strong points and optimize its management processes, exploring new offers and services based on digital trust.