Blockchain in Insurance
                     Corporate Office
Unit #403, 3rd Floor
Chandralok Tower, 
Kapoorthala,
Kapoorthala Commercial 
Complex,  Aliganj, Lucknow 
(Uttar Pradesh)  Pin Code- 
226020
Blockchain in 
INno Cslaimus Drealayns. Nco Deata Duplicity. No Policy 
Frauds.
The Need of 
Blockchain  
Applications in 
Insurance companies have to store, verify and 
Insurancperocess huge
volumes of customer data and release payments 
against  claims. An absence of an automates 
solution has left
behind a complicated ecosystem inviting inaccurate 
claims  handling and policy manipulation. Not to miss 
a helpless
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customer who has no choice but to avail the services of an underperforming sector.
For the insurance sector, blockchain cryptographically links together claims data, transaction data 
and other  valuable data sets from all stakeholders. The data stored in a ledger is copied to all 
thereby assuring complete  transparency.
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Blockchain in Insurance - Automate and
Accelerate Data Processing
Dunitech holds proven expertise in building end-to-end 
blockchain  infrastructure for BFSI products that help cut costs, 
save resources and  stay in compliance with regulations.
Anti-Money Laundering (AML)
All primary and secondary stakeholders such as insurers, reinsurers, regulators, 
validators, brokers  and customers share data in a tamper-proof repository producing 
enhanced visibility.
Anti – Fraud
A shared database with multiple levels of security compliance stamps ownership of 
valuable assets  eliminates double-entries and double claims processing.
Re-insurance
Streamlines transactional data between insurers and re-insurers. The insurer updates primary 
data in the  smart contract accessed by re-insurers, regulators and retrocessionaires.
Parametric Insurance
The smart contract triggers policy execution in an event of loss covered by the insurance 
logic. Works for  all Insurance linked securities and bonds.
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Claims
Reduce claims fraud by eliminating data silos. Grant customers more control over their 
own data,  including access rights
Peer-2-peer Models
Enhance existing P2P models, such as reciprocals and mutual, by automating tasks and 
holding funds in  escrow on smart contracts
Dunitech's Differentiator -
Blockchain Application for Insurance Value 
Chain
Dunitech creates a common processing and perception ledger between the 
institution
(such as clinics etc.) and the insurer. This helps in cutting down data 
capturing and  exchanging effort thereby fastening the claims process 
instantly and accurately. The  shared communication mechanism improves 
claim validation and payments while  abbreviating the overall risk of 
manual errors. Built to work for all possible use cases,  Dunitech's custom 
made solution works across the Insurance value chain.
● Self-Governed Claims Handling & 
Underwriting
● Replicated to all Types of Insurances
● Built in Security & Scalability
● Eliminated Risk of Frauds
● Eliminated Dependency on 
Intermediaries
● No Single Storage of Data
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● Handle Both Group and 
Individual Policy
● Reduce Due-Diligence