-
9:00 - 9:15Opening RemarksChristoph Mussenbrock and Stephan Karpischek, Co-founders of Etherisc will open the inaugural Decentralized Insurance Dev Summit -
9:30 - 9:40Bridging the gap between the blockchain and the real world: Insurance as an example -
9:40 - 10:10Insurance and blockchain , show me the code!Insurance is often mentioned as one of the best use cases of blockchain in many research papers and a couple of industry consortium (b3i, therisk) have been already formed yet there is little information about their use and actual implementation. To imagine what it takes to insure people using blockchain, Simply Business (UK insurance provider) hosted #BreakTheBlock (http://breaktheblock.simplybusiness.co.uk) hackathon in London during the summer 2017. 50 blockchain developers and insurance professionals, along with teams from Accenture and Travelers (US insurance provider) took part to hack for an entire weekend. They created 12 projects, judged by industry experts such as Imperial College of London, Ethereum foundation and Etherisc, and the results are all open sourced at https://github.com/breaktheblock/hackathon for open feedback. In this talk, Makoto will analyse each project and discuss what each participating team thought and implemented blockchain use cases in insurance context. -
10:15 - 10:30Proof of insurance: application for the Auto Insurance business -
10:30 - 11:00Workshop: From Car to Code - Smart Contract Driven Car Insurance in 30 minSebastian and Andre will tell a short story of a young person becoming his driving licence, his parents granted him a new car and he requires a car-insurance for it. Due to his inexperience, he got in an accident a few month later and his Insurance went up by 5%. By chance he gets into another accident and the premium get up again. Bad timing, he loses his job and can’t pay the premium any longer, after a short time his insurance get revoked due to non-payment...
Attendees will see how to build a minimal smart contract-based insurance showcase on stage and learn some of the mechanics that is unique in smart contract development and often is in contrast to established (centralized) software development practices.
In this hands-on development micro-project attendees will also be walked through a complete dapp-development toolchain from integrated development environments (IDE) and plugins, via debugger, and (somewhat) established libraries to unit and integration tests.
The novel and rapidly evolving field of smart contract development is currently suffering from lack of best practices and quick-and-dirty coding that already today leads to million dollar hacks, losses and missed opportunities. During this interactive talk the speakes want to contribute to improving this status-quo while showcasing a (toy) insurance application. -
11:05 - 11:35Workshop: How to build decentralized insurance apps on the Gnosis framework -
11:35 - 12:00Decentralized claims management -
12:40 - 13:10Feeding authentic data into the blockchain: insurance dapps on steroidsWhile adopting decentralized solutions for the Insurance industry, Startups and Enterprises have to face technical restrictions limiting the complexity of insurance policies. Other than providing a secure data-transport-layer enabling the connection between these new-generation insurances and a wide range of real-world data, Oraclize offers to the Decentralized Insurance industry a solution to scale by moving offchain any complex computation that the insurance policy might need. -
13:10 - 13:30Basic probability models for Etherisc flight delay insuranceYou will learn about the probability model for Etherisc flight delay insurance and why such models create better pricing strategies for cryptographic tokens. Stay tuned for the details. -
13:35 - 14:00Workshop: Decentralized Insurance protocol developmentIn the first part of the workshop, Christoph Mussenbrock of Etherisc will focus on business protocol specification (like payment protocols eg, SWIFT or SEPA) and describe how business transactions and processes are implemented in software.
Then, Lukas Kairys of Aigang will dive into the technology aspect, smart contracts and implementation of the protocol. You will discover how smart contracts can be used for decentralized insurance protcol, how peer to peer investments could be implemented, and the whole process from insurance to claim in decentralized insurance protocol. -
14:50 - 15:35Integrating legacy into decentralized insurance - applications for Hyperledger Fabric -
15:35 - 16:00Workshop: Practical Introduction to Machine Learning: Modeling Insurance Prices- What is ML: Linear Regression
- Common ML tasks: Regression and Classification
-The math behind insurance
- Use Case: Calculating Pure Premium or Claim Frequency or Claim Severity
-Working with data
- Checking the quality of the model: Evaluation metrics
- How to interpret model coefficients
- Where to go next?
-
16:05 - 16:30Fireside Chat: Prediction markets for Insurance -
16:30 - 17:00Regulatory and compliance -
17:05 - 17:20Tokenizing risk. Insurance linked securities for a blockchain company
-
17:20 - 17:40Moving beyond the PoC, building an extensible multi-tenant platform for the Insurance Industry”As the industry explores the benefits of blockchain technology through the creation of prototypes and proof of concepts, the question becomes where do we go from here? At ConsenSys we’re working on a policy origination and risk tokenization platform for the industry to utilize and build upon. -
17:40 - 18:00Bringing the true P2P mutual back to insuranceMutuality is the original insurance structure but it has suffered from an inability to scale it's membership and capital base. Blockchain technology can address both scaling issues bringing back the benefits of mutuality to all. Nexus Mutual aims to be the first implementation of a true P2P insurance mutual running entirely on a public blockchain.
-
18:00 - 18:10Closing Remarks
- Cancún, Mexico, Venue: TBD
- October 31 st, 2017
