Blockchain and robotics to 'take over': Catlin

Distributed ledger technology is here to stay, former XL Catlin
deputy chairman Stephen Catlin told a gathering of London market
chief executives.
Blockchain, a way of storing and sharing data across a network,
"will probably take over existing systems in the next five
years", Catlin told the London 100
group last week, in a wide-ranging discussion on the impact of
technology in the industry.
Catlin said that insurers needed to look at innovative ways to
change both underwriting and risk...