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Oct 2017 French insurer Axa has just launched a new product based on data storage technology blockchain. The offer, called Fizzy, is a parametric insurance platform that is particularly known for being fully automated and secure. It makes it possible to cover aircraft delays of two hours or more without the insured having to travel or contact the insurer.
Fizzy currently operates direct round flights connecting Paris and the United States.
Read also: Axa stops Fizzy [4]