Patent attributes
Systems and methods are disclosed with respect to using a distributed ledger, such as a blockchain, for facilitating carrier discovery. More specifically, the distributed ledger may be utilized to track insured individuals, their insurance policies, the insurance companies holding each of their policies, etc. This may be useful for facilitating exchange of insurance information between drivers after an automobile accident when drivers want to exchange insurance information and/or verify that the other is insured, facilitating subrogation (e.g., when an insurance company pays for an first insured party's losses but subsequently pursues reimbursement from an insurance company of a second at-fault party), and/or facilitating a determination of whether a driver has excess liability coverage.
