ENHANCING TRANSPARENCY AND EFFICIENCY IN LIFE INSURANCE THROUGH AZURE BLOCKCHAIN SERVICES

Authors:

Thulasiram Prasad Pasam

Page No: 444-453

Abstract:

The research examines the way Azure Blockchain Services create more transparent systems with faster processing times and superior customer experiences for life insurance operations. The use of smart contracts through Azure Blockchain Services leads to automated claim settlements that minimize delays and minimize errors and guarantee compliance with rules. The research examines the favorable impact of secure decentralized digital technologies on consumer experiences and operational enhancement outcomes. The study shows the way blockchain effectively addresses insurance processing speed problems alongside missing security features that lead to enhanced operational trust and performance quality in life insurance operations.

Description:

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Volume & Issue

Volume-14,ISSUE-3

Keywords

Keywords: Transparency, Azure Block chain Services, Smart Contracts, Customer Experience, Operational Efficiency, Claim Processing, Decentralized Frameworks, and Life Insurance