--- title: AAIS Views | Blockchain description: Blockchain | AAIS Views provides the latest updates, alerts, and news in the P&C industry. --- [![](https://aaisviews.aaisonline.com/hs-fs/hubfs/social-suggested-images/www.aaisonline.comimagelayout_set_logo.png?width=150&height=38&name=www.aaisonline.comimagelayout_set_logo.png)](https://aaisviews.aaisonline.com/compliance-alerts) ## Compliance Alerts # Blockchain [![](https://aaisviews.aaisonline.com/hubfs/Feature%20-%20Advisory%20Report%20IMUA.jpg)](https://aaisviews.aaisonline.com/aais-views/imua-vice-president-shares-inland-marine-market-trends-climate-change-impacts-and-tech-innovations-ahead-of-annual-meeting) ## [IMUA Vice President Shares Inland Marine Market Trends, Climate Change Impacts, and Tech Innovations Ahead of Annual Meeting](https://aaisviews.aaisonline.com/aais-views/imua-vice-president-shares-inland-marine-market-trends-climate-change-impacts-and-tech-innovations-ahead-of-annual-meeting) Apr 10, 2024 / by [AAIS](https://aaisviews.aaisonline.com/aais-views/author/aais) posted in [Technology](https://aaisviews.aaisonline.com/aais-views/topic/technology), [Inland Marine](https://aaisviews.aaisonline.com/aais-views/topic/inland-marine), [Climate Change](https://aaisviews.aaisonline.com/aais-views/topic/climate-change), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [IMUA](https://aaisviews.aaisonline.com/aais-views/topic/imua), [Artificial Intelligence](https://aaisviews.aaisonline.com/aais-views/topic/artificial-intelligence), [Inflation](https://aaisviews.aaisonline.com/aais-views/topic/inflation), [Analytics](https://aaisviews.aaisonline.com/aais-views/topic/analytics) [0 Comments](https://aaisviews.aaisonline.com/aais-views/imua-vice-president-shares-inland-marine-market-trends-climate-change-impacts-and-tech-innovations-ahead-of-annual-meeting#comments-listing) AAIS spoke with Lillian Colson, Vice President and Secretary of [Inland Marine Underwriters Association](https://www.imua.org/) (IMUA), the national association for the commercial inland marine insurance industry in the U.S. Colson discussed trends shaping today’s inland marine market, effects of climate change on inland marine, the use of data and technology tools, and what’s new at IMUA, including its upcoming Annual Meeting. [Read More](https://aaisviews.aaisonline.com/aais-views/imua-vice-president-shares-inland-marine-market-trends-climate-change-impacts-and-tech-innovations-ahead-of-annual-meeting) [![](https://aaisviews.aaisonline.com/hubfs/Featured%20-%20Tapoly%20post.jpg)](https://aaisviews.aaisonline.com/aais-views/tapoly-ceo-shares-how-insurance-companies-can-achieve-efficiency-utilizing-automated-technology) ## [Tapoly CEO Shares How Insurance Companies Can Achieve Efficiency Utilizing Automated Technology](https://aaisviews.aaisonline.com/aais-views/tapoly-ceo-shares-how-insurance-companies-can-achieve-efficiency-utilizing-automated-technology) May 18, 2023 / by [Janthana Kaenprakhamroy](https://aaisviews.aaisonline.com/aais-views/author/janthana-kaenprakhamroy) posted in [Insights](https://aaisviews.aaisonline.com/aais-views/topic/insights), [Technology](https://aaisviews.aaisonline.com/aais-views/topic/technology), [Issues & Trends](https://aaisviews.aaisonline.com/aais-views/topic/issues-trends), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Insurtech](https://aaisviews.aaisonline.com/aais-views/topic/insurtech), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [AAIS News & Views](https://aaisviews.aaisonline.com/aais-views/topic/aais-news-views), [AAIS Insights](https://aaisviews.aaisonline.com/aais-views/topic/aais-insights), [Data/Tech](https://aaisviews.aaisonline.com/aais-views/topic/data-tech), [Artificial Intelligence](https://aaisviews.aaisonline.com/aais-views/topic/artificial-intelligence), [Machine Learning](https://aaisviews.aaisonline.com/aais-views/topic/machine-learning), [Analytics](https://aaisviews.aaisonline.com/aais-views/topic/analytics), [Tapoly](https://aaisviews.aaisonline.com/aais-views/topic/tapoly) [0 Comments](https://aaisviews.aaisonline.com/aais-views/tapoly-ceo-shares-how-insurance-companies-can-achieve-efficiency-utilizing-automated-technology#comments-listing) For the second part of our blog series featuring [**Tapoly**](https://www.tapoly.com/),the digital provider of flexible insurance products and insurance technology solutions, CEO **Janthana Kaenprakhamroy** gives insight into how insurance companies can utilize automated technology to achieve efficiency. Kaenprakhamroy delves into how this technology can be utilized, where to apply these solutions within a company, obstacles insurers may face, and how SaaS solutions can help. [Read More](https://aaisviews.aaisonline.com/aais-views/tapoly-ceo-shares-how-insurance-companies-can-achieve-efficiency-utilizing-automated-technology) [![](https://aaisviews.aaisonline.com/hubfs/Feature%20-%20Farm.jpg)](https://aaisviews.aaisonline.com/aais-views/agricon-focus-on-timely-industry-issues) ## [AgriCon Focus on Timely Industry Issues: Blockchain Potential, Cannabis Complexities](https://aaisviews.aaisonline.com/aais-views/agricon-focus-on-timely-industry-issues) Mar 21, 2022 / by [Hope King](https://aaisviews.aaisonline.com/aais-views/author/hope-king) posted in [openIDL](https://aaisviews.aaisonline.com/aais-views/topic/openidl), [Technology](https://aaisviews.aaisonline.com/aais-views/topic/technology), [Issues & Trends](https://aaisviews.aaisonline.com/aais-views/topic/issues-trends), [Open Source](https://aaisviews.aaisonline.com/aais-views/topic/open-source), [Cyber](https://aaisviews.aaisonline.com/aais-views/topic/cyber), [Agribusiness](https://aaisviews.aaisonline.com/aais-views/topic/agribusiness), [Cannabis](https://aaisviews.aaisonline.com/aais-views/topic/cannabis), [CannaBOP](https://aaisviews.aaisonline.com/aais-views/topic/cannabop), [Farm & Ag](https://aaisviews.aaisonline.com/aais-views/topic/farm-ag), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [Farming](https://aaisviews.aaisonline.com/aais-views/topic/farming) [0 Comments](https://aaisviews.aaisonline.com/aais-views/agricon-focus-on-timely-industry-issues#comments-listing) AAIS recently attended the IRMI Agribusiness Conference (AgriCon), the premier event for insurance and risk management professionals specializing in the exposures and coverage needs of farms and agribusinesses. Among the many interesting and informative sessions, AAIS Product Development Specialist Hope King highlighted two topics particularly near and dear to AAIS and our Members. [Read More](https://aaisviews.aaisonline.com/aais-views/agricon-focus-on-timely-industry-issues) [![](https://aaisviews.aaisonline.com/hubfs/Feature%20-%20Blockchain%20Sandbox.jpg)](https://aaisviews.aaisonline.com/aais-views/value-of-blockchain-sandboxes-being-realized-by-regulators) ## [Value of Blockchain “Sandboxes” Being Realized by Regulators](https://aaisviews.aaisonline.com/aais-views/value-of-blockchain-sandboxes-being-realized-by-regulators) Nov 17, 2021 / by [Robin Westcott](https://aaisviews.aaisonline.com/aais-views/author/robin-westcott) posted in [Community](https://aaisviews.aaisonline.com/aais-views/topic/community), [Technology](https://aaisviews.aaisonline.com/aais-views/topic/technology), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Data Management/Distributed Ledger](https://aaisviews.aaisonline.com/aais-views/topic/data-management-distributed-ledger), [Tech News](https://aaisviews.aaisonline.com/aais-views/topic/tech-news), [Regulatory/Compliance](https://aaisviews.aaisonline.com/aais-views/topic/regulatory-compliance), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [Legislation & Regulation](https://aaisviews.aaisonline.com/aais-views/topic/legislation-regulation), [Data/Tech](https://aaisviews.aaisonline.com/aais-views/topic/data-tech) [0 Comments](https://aaisviews.aaisonline.com/aais-views/value-of-blockchain-sandboxes-being-realized-by-regulators#comments-listing) We’re at an inflection point with blockchain technology. A greater community of interest has developed beyond cryptocurrency with the realization that blockchain can solve all types of problems. Insurance regulators nationwide are starting to create “[sandboxes](https://mspolicy.org/regulatory-sandbox-reforms-advance-across-the-nation/),” essentially incubators where new technologies and innovations can be developed and tested, exempt from prohibitive regulations, until a proper regulatory framework can be created. [Read More](https://aaisviews.aaisonline.com/aais-views/value-of-blockchain-sandboxes-being-realized-by-regulators) [![](https://aaisviews.aaisonline.com/hubfs/Featured%20-%20ITL.jpg)](https://aaisviews.aaisonline.com/aais-views/blockchain-the-next-big-thing) ## [Blockchain: The Next Big Thing](https://aaisviews.aaisonline.com/aais-views/blockchain-the-next-big-thing) Oct 8, 2021 / by [Robin Westcott](https://aaisviews.aaisonline.com/aais-views/author/robin-westcott) posted in [openIDL](https://aaisviews.aaisonline.com/aais-views/topic/openidl), [Issues & Trends](https://aaisviews.aaisonline.com/aais-views/topic/issues-trends), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Data Management/Distributed Ledger](https://aaisviews.aaisonline.com/aais-views/topic/data-management-distributed-ledger), [Tech News](https://aaisviews.aaisonline.com/aais-views/topic/tech-news), [Regulatory/Compliance](https://aaisviews.aaisonline.com/aais-views/topic/regulatory-compliance), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [Data/Tech](https://aaisviews.aaisonline.com/aais-views/topic/data-tech), [Modeling/Actuarial](https://aaisviews.aaisonline.com/aais-views/topic/modeling-actuarial) [0 Comments](https://aaisviews.aaisonline.com/aais-views/blockchain-the-next-big-thing#comments-listing) In August, [AAIS Views detailed the results](https://aaisviews.aaisonline.com/aais-views/openidl-covid-19-pilot) of our hugely successful Proof of Concept (POC) for openIDL (Open Insurance Data Link) that proved the blockchain technology can dramatically improve the insurance regulatory reporting proves for insurers and regulators. We also saw that insurer information could be correlated with data from other sources to reveal deeper insights, and that data could be leveraged by regulators, while remaining private, secure and in full control of participating carriers [Read More](https://aaisviews.aaisonline.com/aais-views/blockchain-the-next-big-thing) [![](https://aaisviews.aaisonline.com/hubfs/Getting%20Technical.jpg)](https://aaisviews.aaisonline.com/aais-views/how-openidl-came-to-life) ## [Getting Technical: How openIDL Came to Life](https://aaisviews.aaisonline.com/aais-views/how-openidl-came-to-life) Oct 5, 2021 / by [Isaac Kunkel, Chainyard](https://aaisviews.aaisonline.com/aais-views/author/isaac-kunkel-chainyard) posted in [openIDL](https://aaisviews.aaisonline.com/aais-views/topic/openidl), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Data Management/Distributed Ledger](https://aaisviews.aaisonline.com/aais-views/topic/data-management-distributed-ledger), [Tech News](https://aaisviews.aaisonline.com/aais-views/topic/tech-news), [Regulatory/Compliance](https://aaisviews.aaisonline.com/aais-views/topic/regulatory-compliance), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [Data/Tech](https://aaisviews.aaisonline.com/aais-views/topic/data-tech), [Chainyard](https://aaisviews.aaisonline.com/aais-views/topic/chainyard) [0 Comments](https://aaisviews.aaisonline.com/aais-views/how-openidl-came-to-life#comments-listing) [openIDL](https://aaisonline.com/openidl), the groundbreaking blockchain technology AAIS developed to streamline regulatory reporting and connect data across the insurance industry has a chance to revolutionize the entire insurance ecosystem. When you peek behind the curtain, you see just how much went into building out this platform collaboratively with stakeholders in the insurance and technology world. [Read More](https://aaisviews.aaisonline.com/aais-views/how-openidl-came-to-life) [![](https://aaisviews.aaisonline.com/hubfs/AAIS%20Blog/Featured%20Setup.jpg)](https://aaisviews.aaisonline.com/aais-views/a-conversation-with-michael-payne) ## [A Conversation with...AAIS Chief Pricing Actuary, Michael Payne](https://aaisviews.aaisonline.com/aais-views/a-conversation-with-michael-payne) Sep 9, 2021 / by [Michael Payne](https://aaisviews.aaisonline.com/aais-views/author/michael-payne) posted in [openIDL](https://aaisviews.aaisonline.com/aais-views/topic/openidl), [Insurance](https://aaisviews.aaisonline.com/aais-views/topic/insurance), [Issues & Trends](https://aaisviews.aaisonline.com/aais-views/topic/issues-trends), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [Data](https://aaisviews.aaisonline.com/aais-views/topic/data), [Modeling/Actuarial](https://aaisviews.aaisonline.com/aais-views/topic/modeling-actuarial), [Risk](https://aaisviews.aaisonline.com/aais-views/topic/risk), [AAIS Views](https://aaisviews.aaisonline.com/aais-views/topic/aais-views), [risk management](https://aaisviews.aaisonline.com/aais-views/topic/risk-management), [Actuarial](https://aaisviews.aaisonline.com/aais-views/topic/actuarial) [0 Comments](https://aaisviews.aaisonline.com/aais-views/a-conversation-with-michael-payne#comments-listing) *This is the next installment in a series of conversations with AAIS leadership to get to know them, their background, and the unique work they’re doing within AAIS to further the insurance industry. In this edition, AAIS Views spoke with Michael Payne, Chief Pricing Actuary, about his career, being creative as an actuary, the role data is playing to create better pricing models, and how AAIS is leveraging those models to deliver value to our Members.* **Tell us about your background.** **Michael Payne:** When I was in college, I liked math, but really didn’t know what I wanted to do. Then I heard about Actuarial Science from an alum who came back to campus and gave a presentation about the career path. That’s what sparked my interest. I got an internship at Zurich and that turned into my first job out of school. I started out doing pricing at Zurich, went to SCOR Re to do reinsurance pricing, and went back to Zurich to eventually lead a pricing tools team. One not-so-traditional role in my career was a stint I did at Sears in their Home Services unit where I was the Director of Underwriting Analysis. Basically, if you bought a refrigerator at Sears, they were going to offer you a protection plan. It was my role to figure out the prices for those protection agreements based on how likely the appliance was going to need to be repaired or even replaced. Overall, I really like pricing. It’s prospective in nature as you try to determine what might happen in the future. In the winter of 2018, I joined AAIS where I’ve been able to leverage my pricing experience. My role includes product development and delivering loss costs that are appropriate for the coverage being offered. Not all carriers have a large team of actuaries or loads of data, so our rating plans offer them a faster speed to market for a new line of business, or even insurtechs to get their first policies written. [Read More](https://aaisviews.aaisonline.com/aais-views/a-conversation-with-michael-payne) [![](https://aaisviews.aaisonline.com/hubfs/Featured%20-%20Report%20Highlights.jpg)](https://aaisviews.aaisonline.com/aais-views/report-highlights-openidl-passes-covid-19-bi-data-call-test) ## [Report Highlights: openIDL Passes COVID-19 BI Data Call Test](https://aaisviews.aaisonline.com/aais-views/report-highlights-openidl-passes-covid-19-bi-data-call-test) Aug 24, 2021 / by [Robin Westcott](https://aaisviews.aaisonline.com/aais-views/author/robin-westcott) posted in [openIDL](https://aaisviews.aaisonline.com/aais-views/topic/openidl), [Data & Technology](https://aaisviews.aaisonline.com/aais-views/topic/data-technology), [Data Management/Distributed Ledger](https://aaisviews.aaisonline.com/aais-views/topic/data-management-distributed-ledger), [COVID-19](https://aaisviews.aaisonline.com/aais-views/topic/covid-19), [Regulatory/Compliance](https://aaisviews.aaisonline.com/aais-views/topic/regulatory-compliance), [Blockchain](https://aaisviews.aaisonline.com/aais-views/topic/blockchain), [NAIC](https://aaisviews.aaisonline.com/aais-views/topic/naic), [Data Call](https://aaisviews.aaisonline.com/aais-views/topic/data-call), [Business Interruption](https://aaisviews.aaisonline.com/aais-views/topic/business-interruption), [AAIS Views](https://aaisviews.aaisonline.com/aais-views/topic/aais-views) [0 Comments](https://aaisviews.aaisonline.com/aais-views/report-highlights-openidl-passes-covid-19-bi-data-call-test#comments-listing) On Aug. 16, at the 2021 Summer National Association of Insurance Commissioners (NAIC) National Meeting, AAIS VP of Government Affairs, Legal & Compliance, Robin Westcott, presented the results of a Proof of Concept (POC) testing whether openIDL could support a COVID-19 Business Interruption Data call issued by the NAIC. The meeting served as the kickoff for the openIDL Regulatory Reporting Steering Committee (RRSC). Ms. Westcott provided highlights from the positive findings set out in the report published by AAIS declaring that blockchain/distributed ledger technology had passed the test enroute to even broader applications across the industry. Following is a summary of Ms. Westcott’s presentation: [Read More](https://aaisviews.aaisonline.com/aais-views/report-highlights-openidl-passes-covid-19-bi-data-call-test) - Recent - Popular - Categories ### Lists by Topic - [Data & Technology (38)](https://aaisviews.aaisonline.com/aais-views/tag/data-technology) - [Issues & Trends (34)](https://aaisviews.aaisonline.com/aais-views/tag/issues-trends) - [Data/Tech (33)](https://aaisviews.aaisonline.com/aais-views/tag/data-tech) - [Technology (28)](https://aaisviews.aaisonline.com/aais-views/tag/technology) - [AAIS Insights (25)](https://aaisviews.aaisonline.com/aais-views/tag/aais-insights) - [Artificial Intelligence (19)](https://aaisviews.aaisonline.com/aais-views/tag/artificial-intelligence) - [AI (16)](https://aaisviews.aaisonline.com/aais-views/tag/ai) - [Auto (16)](https://aaisviews.aaisonline.com/aais-views/tag/auto) - [AAIS News & Views (15)](https://aaisviews.aaisonline.com/aais-views/tag/aais-news-views) - [Insurtech (15)](https://aaisviews.aaisonline.com/aais-views/tag/insurtech) - 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