Will Web3 Reinvent Insurance?

At Oliver Wyman, we have been helping clients understand Web3 and what it means for insurers, and guiding strategic moves — near-term and longer-term — around this evolving ecosystem. Our latest research finds the Web3 economy is currently under-insured and has huge potential for future growth. Here, we share a practical guide for insurance executives to help separate hype from reality, including Web3 insurance opportunities and risk considerations.

ITL Partner: Oliver Wyman

July 11, 2022

What is Web3? What are the opportunities and risks for insurers? At Oliver Wyman, we've released a practical guide on Web3 to separate hype from reality, and help leaders navigate through this rapidly evolving space. Our latest research finds the Web3 economy is currently under-insured and has huge potential for future growth. We explore opportunities for insuring the Web3 economy, reaching new customers, and reinventing business models — that may radically change what an insurer can look like.

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ITL Partner: Oliver Wyman

About Oliver Wyman

Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,700 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].

For more information, visit www.oliverwyman.com. Follow Oliver Wyman on LinkedIn and Twitter @OliverWyman.

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