© Zensar Technologies © Zensar Technologies Business Benefits Simplified Process: With Smart contracts the claims process is simplified and automated to large extent. Enhanced Customer Experience: Blockchain eliminates the need for brokers, thus reducing time and effort which in turn makes for a better customer experience. Integrated Data: As all the third party providers are present on the Blockchain network, data can easily be shared and consolidated between the Insurance company and third party information providers. Fraud Reduction: Immutability and Transparency of Blockchain will reduce the fraudulent claims to a large extent. Claims Processing Claims processing is one of the key bottle necks whic

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