Professional Education Case Study - Catholic Financial Life
According to Deloitte, insurance is likely to be disrupted by blockchain technology. After hearing about the rapid rise of Bitcoin and other cryptocurrencies in late 2017 as well rumblings from peers in the insurance industry, Catholic Financial Life (CFL) recognized it needed to understand blockchain and determine how it might impact their relationships with customers and partners.
CFL then hired Euphrates to answer the the following questions:
Euphrates hosted a 1 hour “Lunch and Learn” on blockchain and its insurance applications with 40 of CFL’s employees, followed by an in-depth Q&A.
“Alec and Davis did a great job of presenting an overview of blockchain and its potential impact on the insurance industry. Many of our attendees had never heard of Blockchain so we really needed Euphrates to parcel out only what we needed to hear. Blockchain is such a complex technology and we appreciated that it was explained in language that we could understand.”