Marsh Launches Marsh Digital Labs

Marsh announced the launch of Marsh Digital Labs within its broader Digital, Data, and Analytics organization. Marsh Digital Labs will act as an incubator focused on experimenting in emerging technologies and developing innovative products, new business models, and strategic engagements with clients, carriers, and insurtech companies. The innovation hub is headed by Asha Vellaikal, who joined Marsh last August and brings a strong technical and innovation background from her time at Orange Labs and startups in the Silicon Valley.

“We see artificial intelligence, blockchain, the Internet of Things, and other emerging technologies as a transformative opportunity to drive client value. With Marsh Digital Labs we are providing a hands-on opportunity to collaborate with clients on new ecosystems, innovative use cases, and distribution channels that will better help them manage risk and succeed in the new economy” – chief digital officer and chief data and analytics officer, Marsh, Sastry Durvasula.

Based in San Francisco, California, Marsh Digital Labs is currently exploring new products in the small commercial and consumer business, cyber, sharing/gig economy, autonomous vehicle, and workers’ compensation sectors. It also will continue to build and collaborate with industry, academia, and open-source initiatives. Marsh recently joined the Enterprise Ethereum Alliance and is actively experimenting with Hyperledger and other blockchain technologies.

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