Our Mission

The BlockART Institute, founded in 2017, is a research center that specializes in exploring possible applications of blockchain technology for corporate’s risk management, captives and (re)insurances companies.

 

Our Approach

We research and model possible applications and market developments within the risk and insurance business while taking technological basic principles and legal framework conditions into account. We analyse in regard to various regulatory and legal facts in relation to financial markets.

Our Team

Among conduction and publishing surveys and articles the company focuses on development of prototypes and platform solutions. We connect startups, venture capitalists, broker, (re)insurer and risk managers of middle market companies, hidden champions and large corporate.

Our Team

Among conduction and publishing surveys and articles the company focuses on development of prototypes and platform solutions. We connect startups, venture capitalists, broker, (re)insurer and risk managers of middle market companies, hidden champions and large corporate.

How Blockchain Technology will support Ynnovative Risk Transfer solutions in our VUCA world

One cannot plan for or predict the impact or the extent of disruptive inventions. Companies need to investigate and analyze megatrends and the latest developments on the market.

Not only the banking and insurance sectors are engaging in heated debate about the opportunities, risks, and potential applications offered by Blockchain technology.

Blockchain Technology is referred as Internet 2.0. Like the disruptive step from mobile to smartphone.

Future of risk and re/insurance market

Symbiosis of ART and Technology become Ynnovative Risk Transfer

The BlockART Institute, founded in 2017, is a research center that specializes in exploring possible applications of blockchain technology for corporate’s risk management, captives and (re)insurances companies. Among conduction and publishing surveys and articles the company focuses on development of prototypes and platform solutions.

We connect startups, venture capitalists, broker, (re)insurer and risk managers of middle market companies, hidden champions and large corporate.

Also we offer training and seminars for students, young professional and executives.

Explore more

We combine Technology and Risk Transfer

The insurance industry is disruptive impacted by technological revolution processes to manage data that helps tamper-proof identification of participants. The biggest challenge is to rethink how to overcome the challenges of geographic distances when it comes to manage contracts and risk assessments.

Current Research Approaches:

  • Blockchain Technology and its benefits for Captive Insurance Companies
  • Influences and benefits of Blockchain Technology on the re/insurance market
  • Smart Contracts for syndicated insurance programs
  • Payment of insurance premiums by cryptocurrency

Nowadays Requirements and Success factors for Next Generation Risk Transfer Market

  • Companies rely on platform technologies to connect with clients, as shown in business models as Uber and Airbnb, creating synthesis between online and offline markets. Whereas concerns as eBay and Amazon form upstream and downstream services around the world.
  • Expansion is based on two explanations. First, a broad target group can be reached through barrier-free access via websites and common social networks. Second, business models of the next economy can be expanded to a broad target group. By owning a smartphone and installing an app, people can become service providers themselves, for example as UBER driver or an association like Lieferando. The user becomes the resource.
  • The next economy is increasingly technology orientated which allows new processes and structures to be rethought and unleashes opportunities and potential. An example: Conventional publishing and media firms are threatened by news aggregators and facing the loss of clients. Adidas decided to forego advertising on TV in favour of online placement and is planning to invest in digital future technologies such as 3D printing and robotics.
  • The creation of eco-systems is fundamental relationship building between business and people. Today’s artificial intelligence is essential for providing platforms to promote exchange and synergy between applications and technologies. Facebook followed this strategy by starting as an original new economy company it is now open to vendors with integrated shop solutions within the Facebook app and uses the service of chatbots.
Conclusion:

Established companies are threatened being pushed off the market by new economy companies and have already begun to transform to the next economy. The existence of old, new and next economy at the same time is given through niches and monopolistic positions. The risk hedging market changes and digitization takes place actively.

Read our latest Business Cases

Customer-to-Customer Insurance

A Business Case by BlockART Institute

Business-to-Customer Insurance

A Business Case by BlockART Institute

Business-to-Business Insurance

A Business Case by BlockART Institute

Insurance-as-a-Service

A Business Case by BlockART Institute
Head of BlockART-Institut
Marcus Schmalbach, MBA
Head of BlockART Institute
Doctoral Candidate Kevin Strullkoetter
Kevin Strullkötter, MBA
Doctoral Candidate
Greulich, Gabriel B.A.
Gabriel Greulich, B.A.
Research Assistant
Kempf, Viola Event Coordinator at NYCG
Viola Kempf, B.A.
Event Coordinator
Dr. Denise Schönfeld
External Advisor
Dr. Dr. Philipp Plugmann M.Sc. M.Sc. MBA
Dr. Dr. Philipp Plugmann
External Advisor

About the Team

Head of BlockART-Institut
Marcus Schmalbach, MBA
Head of BlockART Institute
  • Blockchain and Cryptocurrency experience for several years
  • Experience in the field of lean startup, corporate entrepreneurship and design thinking
  • Former Head of MBA program „Innovation & Leadership“
  • Doctoral Student at Munich Re America 
  • Guest Lecture at Metropolitan College New York in the field of ART, Innovation & Risk Management
  • Column for the theme complexes ART, Captive and Blockchain at Newton Media Ltd.
  • Key Account Manager for Allianz SE, Debeka VVaG and Marsh GmbH
  • PhD i.p. at University of Gloucestershire with focus on Captive Insurance Company
  • MBA at University Reutlingen
  • B.A. at University of Cooperative Education Baden-Wuerttemberg
Doctoral Candidate Kevin Strullkoetter
Kevin Strullkötter, MBA
Doctoral Candidate
  • Doctoral Student in the field of Business Administration with a focus on risk management
  • Co-Author of several publications in the field of Blockchain and IoT
  • Founder & CEO of Triton Innovation Consulting
  • MBA with a focus on Innovation & Leadership
  • Commercial Account Manager Volksbank Bielefeld-Gütersloh
  • B.A. with a focus on Banking & Finance
  • Apprenticeship as Banker
Greulich, Gabriel B.A.
Gabriel Greulich, B.A.
Research Assistant
  • Master student at University Hagen with focus on Blockchain Technology and additive manufacturing
  • Online-Marketing Manager Mindsquare, GmbH
  • Marketing and Business Development, Comspace GmbH & Co. KG
  • Internship at SAP SE, Walldorf
  • B.A. at FHM Bielefeld 
  • Apprenticeship Insurance Industry
Kempf, Viola Event Coordinator at NYCG
Viola Kempf, B.A.
Event Coordinator
  • Master Student in the field of International Management
  • Internship at BMW AG, Regensburg
  • Co-Author of several publications in the field of Marketing & Sales
  • Internship at BMW AG, Munich
  • Internship at Skoda Subsidiary, Schwelm
  • B.A. International Business Administration
Dr. Denise Schönfeld
External Advisor
  • Head of Asset Management West Europe, METRO AG / METRO PROPERTIES
  • Corporate Real Estate Manager, Continental AG
  • Doctor of Business Administration, University of Gloucestershire
  • MBA at FHWT Vechta-Diepholz
  • BBA at Leibniz Academy Hanover
Dr. Dr. Philipp Plugmann M.Sc. M.Sc. MBA
Dr. Dr. Philipp Plugmann
External Advisor
  • Serial Entrepreneur & VC
  • Lecturer at University of Applied Sciences Fresenius, Cologne/ New York
  • author of over 47 publications in the field of Innovation Management
  • five academic degrees

Read our latest Publications

Introduction on Blockchain Technology

A Quick Guide

Benefits and Challenges of Blockchain Technology

From New to Next Economy

7 Success Factors of Next Economies
Contact
If you have any questions or suggestions do not hesitate to contact us