Marsh and Evident to Launch Blockchain Solution for Sharing Economy
03 10월 2018 - 12:33AM
Business Wire
Collaboration to Revolutionize Identity and
Insurance Verification
Marsh, a global leader in insurance broking and innovative risk
management solutions, today announced that it is developing the
first blockchain-based verification solution for clients in the
fast-growing sharing and gig economies.
Working in collaboration with Evident, a data security platform
that allows businesses to run comprehensive, accurate verifications
without handling sensitive personal data, the new blockchain
solution will streamline the onboarding of gig economy workers by
simplifying the insurance and identity verification process with
added trust, safety, and risk management.
Built on the IBM Blockchain Platform and open source Hyperledger
Fabric, with input from insurance standards leader ACORD, Marsh
announced its commercial blockchain for proof of insurance earlier
this year. This collaboration with Evident marks an expansion of
Marsh’s blockchain’s capabilities which, when connected with
Evident’s Identity Assurance Platform, will digitize certificates
of insurance into immutable records so that all permissioned
parties can instantly verify information.
“The beauty of blockchain technology is its ability to provide
trust, efficiency, and security across ecosystems,” said 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.”
“Verification and validation cause significant friction in the
sharing economy. Solving this challenge requires a solution that
brings together trusted information from several parties,” said
David Thomas, CEO of Evident. “Integration of our platform’s
identity verification capabilities with Marsh’s blockchain will
streamline the onboarding of gig workers and offer an unparalleled
ability to verify key information, all while ensuring our customers
minimize their exposure to their data.”
About Marsh
A global leader in insurance broking and innovative risk
management solutions, Marsh’s 30,000 colleagues advise individual
and commercial clients of all sizes in over 130 countries. Marsh is
a wholly owned subsidiary of Marsh & McLennan Companies (NYSE:
MMC), the leading global professional services firm in the areas of
risk, strategy and people. With annual revenue over US$14 billion
and nearly 65,000 colleagues worldwide, MMC helps clients navigate
an increasingly dynamic and complex environment through four
market-leading firms. In addition to Marsh, MMC is the parent
company of Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on
Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe
to BRINK.
About Evident
Evident is revolutionizing the way personal data is shared.
Evident’s simple, secure Identity Assurance Platform lets
businesses confidently know who they are dealing with without
handling sensitive personal data. With connections to thousands of
authoritative sources through a single API, Evident is the only
platform that enables comprehensive, accurate and up to date
identity and credential verifications without the risk and
liability of holding personal information. For more information,
visit www.evidentid.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20181002005793/en/
MarshSally Roberts, 303-952-9453sally.roberts@marsh.com
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