Marsh Collaborates with IBM, ACORD, and ISN to Apply Blockchain Technology for First Commercial Proof of Insurance
Marsh & McLennan Companies, Inc. (MMC)
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Marsh, a global leader in insurance broking and innovative risk management solutions, in collaboration with IBM (NYSE: IBM), ACORD, and ISN, announced today the first commercial blockchain solution for proof of insurance. By using blockchain technology, Marsh is fundamentally transforming the certificate of insurance process from complicated and manual to streamlined and transparent, allowing clients to speed up necessary business functions such as hiring contractors and transferring risk while increasing coverage certainty. Built on the open source Hyperledger Fabric technology and IBM Blockchain Platform, Marsh is developing the commercial proof of insurance solution in conjunction with IBM, with input from ACORD, and customer feedback from ISN. “Marsh sees great opportunity in leveraging blockchain technology to better serve our clients by maximizing ef
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News
- Marsh McLennan’s Mercer Announces Successful Fundraising for Private Investment Partners (PIP) VII, Closing With Nearly $4 Billion in CommitmentsBusiness Wire
- Marsh McLennan Agency to acquire Fisher Brown Bottrell Insurance, Inc.Business Wire
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at TD Cowen from $189.00 to $201.00. They now have a "hold" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at UBS Group AG from $236.00 to $238.00. They now have a "buy" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Royal Bank of Canada from $208.00 to $210.00. They now have a "sector perform" rating on the stock.MarketBeat
MMC
Earnings
- 4/18/24 - Beat
MMC
Sec Filings
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/3/24 - Form 4
- MMC's page on the SEC website