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Let's Get Surety

#91 The Institutes RiskStream Collaborative: Leveraging Blockchain Technology for Digital Bonding

Jun 27, 2023
28:43

Are you curious how blockchain technology is changing the surety industry? On this episode of Let’s Get Surety®, we are joined by Greg Davenport of Liberty Mutual Surety and Sandy Hampel of The Institutes RiskSteam Collaborative to discuss the substantial strides a broad industry effort facilitated by The Institutes RiskSteam Collaborative has made exploring blockchain technology to digitize surety processes. Davenport and Hampel discuss how blockchain technology can generate greater efficiency in processes by, for example, allowing faster verification and authentication of bonds. They relate the impressive work now being accomplished with surety and technology partners, including the ability to provide demonstrations of proofs of concept at NASBP’s recent 2023 Annual Meeting, and the plans for 2024. Check out Greg’s past episode that touched on the earlier days of this process titled, “Blockchain Technology in Surety” and visit The Institutes RiskStream Collaborative online to get more information.

With special guests:

Greg Davenport, Sr. Vice President, Global Risks, Liberty Mutual Surety and Sandy Hampel, Director Life & Annuity and Commercial Lines Products, The Institutes RiskStream Collaborative

Hosted by:

Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP

Sponsored by Liberty Mutual Surety!

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