PolicyPal Network has launched their brand new blockchain based automated flight delay insurance today which is underwritten by ERGO and presented by PolicyPal Singapore. The said insurance will be available for purchase from today itself i.e. 3rd July 2018. The purchase can be made on the PolicyPal Singapore app. PolicyPal network is a decentralized insurance protocol ecosystem. It is a network built with a twofold vision of addressing key issues that overlap the fields of both cryptoassets and insurance in the world today.

Medibloc said Tuesday that it has signed a memorandum of understanding with PolicyPal Network to build a platform that can invigorate insurance products and create a medical information ecosystem. MediBloc is a patient-centered healthcare platform based on block-chain technology. The company's platform stores integrated medical information such as the patient's medical record and lifelog, and provides the data to doctors when visiting medical institutions. Also, researchers can use Medibloc's platform to collect medical data regardless of country or region. PolicyPal, launched in 2016, is an insurance application that utilizes machine learning and artificial intelligence. The company later launched the PolicyPal Network, which combines block-chain technology.