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  "documentTitle": "2015 Fintech New York Partnerships",
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      "text": "Operational transformation (insurance): facing digital disruption, innovative startup companies are working with insurers to help transform their operations. U.S. insurers lose $5.8 billion annually as a result of consumers switching carriers. To address a challenging customer base, insurers have started to tap the innovations within the Fintech community. More than four in 10 insurers (43 percent) are either planning to buy, or already have bought, a Fintech startup",
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      "text": "Blockchain: strong growth is expected over the next 18 months in this underlying distributed-ledger technology that currently supports Bitcoin. As a stand-alone technology, Blockchain has the potential to help banks, credit card companies, and clearinghouses collaborate, creating safer, faster accounting and optimizing use of capital by reducing counterparty risk and transaction latency.",
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