AXA Is Using Ethereum’s Blockchain for a New Flight Insurance Product | CoinDesk

“The smart contract is the party that decides whether or not we should indemnify the policy holder and triggers a payment request to our system. The use of a smart contract to trigger claims will add trust in the insurer / policy holder relationship.”

Thanks Fred!

Source: AXA Is Using Ethereum’s Blockchain for a New Flight Insurance Product | CoinDesk