IDEAS home Printed from https://ideas.repec.org/a/spr/manrev/v74y2024i2d10.1007_s11301-023-00328-6.html
   My bibliography  Save this article

The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review

Author

Listed:
  • Teresa Dominguez Anguiano

    (Universidad Nacional de Educación a Distancia (UNED))

  • Laura Parte

    (Universidad Nacional de Educación a Distancia (UNED))

Abstract

Blockchain technologies are quickly changing the competitive business landscape. However, key stakeholders are still sceptical about how, when, and what blockchain might bring to their businesses. This study aims to analyse how blockchain might reshape the insurance industry from an economic and business perspective, as well as to identify which are the challenges and enablers that specifically affect blockchain adoption within this industry, through a Systematic Literature Review (SRL). We also classify existing challenges into five strategic areas: Social, Technological, Environmental, Economic, and Political. Additionally, we provide several recommendations to the manager on identifying the existing hurdles and smoothing transformation.

Suggested Citation

  • Teresa Dominguez Anguiano & Laura Parte, 2024. "The state of art, opportunities and challenges of blockchain in the insurance industry: a systematic literature review," Management Review Quarterly, Springer, vol. 74(2), pages 1097-1118, June.
    • Handle: RePEc:spr:manrev:v:74:y:2024:i:2:d:10.1007_s11301-023-00328-6
    DOI: 10.1007/s11301-023-00328-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11301-023-00328-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11301-023-00328-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:manrev:v:74:y:2024:i:2:d:10.1007_s11301-023-00328-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.