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Episode 29 is here! Ahmed sits down with Walid Daniel Dib from Addenda and Vivek Bhalla from Takaful Emarat. What is insurance and what challenges does the industry face? Ahmed starts off by questioning the two guests about what we mean by insurance and the challenges that the industry faces. Vivek touches on the concept of how sharing should be closely related to this industry and how it is a social responsibility to share risk, a principle held at Takaful Emarat. Being described as an industry still with a stone age mentality, main challenges include: very low digital processes, engagement with customers is low, and fundamentally it’s all manual process orientated. Collaboration is also a key challenge that Walid pointed citing that insurance companies find It harder to come together and would rather sit on their heaps of data and not doing anything with it. Can blockchain help? And if so, how? Well of course blockchain would be able to help, and Walid and Vivek cite many examples, both theoretical and p