Aon was recently recognized on Forbes’ Blockchain 50 List for its blockchain innovation efforts throughout 2021:  “Unintended policy cancellations are a big problem for insurers and often occur when a customer underpays or forgets to pay a premium. In 2021, Aon ($12 billion, 12 month sales) partnered with insurance carrier Zurich to move invoicing to an immutable blockchain ledger – already leading to a  double-digit decrease in cancellation notices. The technology, known as Adept, was developed by a subsidiary of Acord, the Pearl River, New York- based body that sets standards for the global insurance industry. Aon hopes to bring 10 more counterparties onto its blockchain this year”

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