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This report uses data from a survey of over 400 senior insurance executives to assess the global insurance industry's current perspective on the impact of distributed ledger technology.


  • The report reveals that only 15% of insurers are actively deploying distributed ledger technology, with the North American commercial sector leading the way.

Features and Benefits

  • Assesses the current deployment levels, key uses cases, and benefits sought by insurers.
  • Identifies key challenges and competitive threats facing insurers as a result of the development of distributed ledger technology.

Key questions answered

  • How can ICT service providers help insurers capture the potential benefits offered by distributed ledger technology?
  • What should insurers be doing now to respond to the impact of distributed technology on the insurance industry?

Table of contents


  • Catalyst
  • Ovum view
  • Key messages


  • Recommendations for insurers
  • Recommendations for service providers

Commercial insurers are leading the way with DL technology

  • North American commercial insurers are deploying DL technology
  • Data security and process automation are key goals of today's DL initiatives

DL offers near-term benefits but threatens disruption in the longer term

  • Smart contracts are key to automated, self-executing insurance products
  • Commercial insurers are leveraging the distributed networks, but personal line players are missing an opportunity
  • DL has the potential to offer insurers a complete and immutable history of an insured item
  • DL overcomes many of the barriers that have stalled peer-to-peer insurance models so far

The challenges of DL will take years to fully address

  • Scalability issues will be mostly resolved within 36 months
  • Most security concerns around DL can be eliminated with best practice
  • Overcoming legal and regulatory issues will limit the adoption of DL
  • Although work has begun, standards will take years to define
  • Author
  • Methodology