--- title: "Profiles in Risk – E67: Patrick Schmid, VP of the RiskBlock Alliance – Developing Blockchain For The Insurance Ecosystem - InsNerds.com" description: "Subscribe at: Stitcher iTunes Google Play YouTube Buzzsprout RSS Out of all the insurtech ideas sprouting in the market, I have yet to see anything that has the potential that blockchain has. In this episode of Profiles in Risk, I spoke with Patrick Schmid of The Institutes' RiskBlock Alliance. Patrick is working with the insurance" image: https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg --- 2 min read # Profiles in Risk – E67: Patrick Schmid, VP of the RiskBlock Alliance – Developing Blockchain For The Insurance Ecosystem [![Picture of Nicholas Lamparelli](https://insnerds.com/hubfs/Nick%20Lamparelli(Headshot%20GS).jpg) Nicholas Lamparelli ](https://insnerds.com/insights/author/nicholas-lamparelli) : Mar 27, 2018 12:00:00 AM [Podcast](https://insnerds.com/insights/tag/podcast) ![Profiles in Risk – E67: Patrick Schmid, VP of the RiskBlock Alliance – Developing Blockchain For The Insurance Ecosystem](https://insnerds.com/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg) Audio Player [https://www.buzzsprout.com/87086/670527-e67-patrick-schmid-vp-of-the-riskblock-alliance-developing-blockchain-for-the-insurance-ecosystem.mp3](https://www.buzzsprout.com/87086/670527-e67-patrick-schmid-vp-of-the-riskblock-alliance-developing-blockchain-for-the-insurance-ecosystem.mp3) 00:00 00:00 00:00 Use Up/Down Arrow keys to increase or decrease volume. **Subscribe at:** ** [Stitcher](https://www.stitcher.com/podcast/insnerdscom/profiles-in-risk-the-insnerds-podcast)** ** [risk/id1209984530?mt=2">iTunes ](https://itunes.apple.com/us/podcast/profiles-in-%3Cspan%20class=)****[Google Play](https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Itlljx2m4fvp2smw5hg223asbtu?t%3DProfiles_in_Risk%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16)[risk/id1209984530?mt=2"> ](https://itunes.apple.com/us/podcast/profiles-in-%3Cspan%20class=)[YouTube ](https://www.youtube.com/playlist?list=PLk-tMK8a6LBM5VaHi2fpB5moSYfVlTE_B)****[Buzzsprout RSS](http://www.buzzsprout.com/87086.rss)** Out of all the insurtech ideas sprouting in the market, I have yet to see anything that has the potential that blockchain has. In this episode of Profiles in Risk, I spoke with Patrick Schmid of The Institutes’ RiskBlock Alliance. Patrick is working with the insurance ecosystem to help them co-develop the blockchain platforms and technologies necessary for insurance to blossom in the next wave of innovation. **HOW TO CONNECT WITH PATRICK SCHMID:** **[LinkedIn](https://www.linkedin.com/in/patschmid/)** **[RiskBlock Site ](https://www.theinstitutes.org/guide/riskblock)[Email](mailto:schmid@theinstitutes.org)** **MENTIONED IN THE PODCAST: [Ethereum](https://www.coindesk.com/information/what-is-ethereum/) [GDPR Regulations](https://digitalguardian.com/blog/what-gdpr-general-data-protection-regulation-understanding-and-complying-gdpr-data-protection) [HyperLedger](https://www.hyperledger.org/) [B3i](https://b3i.tech/home.html) [R3](https://en.wikipedia.org/wiki/R3_(company)) ** **PRODUCTIVITY: [Slack](https://slack.com/) [Confluence](https://www.atlassian.com/software/confluence) [GitHub](https://github.com/) [Twitter](http://www.twitter.com)** **BOOKS:** [**The Rationale of Central Banking**](https://amzn.to/2GrlqDz) by [Vera Smith](https://amzn.to/2pDV2wI) [**Ishmael: A Novel**](https://amzn.to/2IUzofn) by [Daniel Quinn ](https://amzn.to/2DXd0OP)**[Man’s Search For Meaning](https://amzn.to/2ujhKPn)** by [Viktor Frankl](https://amzn.to/2GcfAGY)   ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg?width=100&height=100&name=Lamparelli-100x100-Jan-03-2025-01-23-14-6139-AM.jpg) ### About Nicholas Lamparelli Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist. - [![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-01-23-14-0752-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/linkedin-Jan-03-2025-01-23-14-0752-AM.png) ](https://www.linkedin.com/in/nicklamparelli) - ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-01-23-11-5898-AM.png) ![](https://insnerds.com/hubfs/Imported_Blog_Media/wordpress-Jan-03-2025-01-23-11-5898-AM.png) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-150x150-Jan-03-2025-01-23-12-1617-AM.jpg?width=150&height=150&name=Lamparelli-150x150-Jan-03-2025-01-23-12-1617-AM.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/Lamparelli-150x150-Jan-03-2025-01-23-12-1617-AM.jpg?width=150&height=150&name=Lamparelli-150x150-Jan-03-2025-01-23-12-1617-AM.jpg) ##### [ Nicholas Lamparelli](https://insnerds.com/author/nick-lamparelli/) + posts Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist. - ** [From Teacher to Tech: How SettleStream Cuts Litigation Time and Costs - A Discussion with Chrysa Jones, COO](https://insnerds.com/from-teacher-to-tech-how-settlestream-cuts-litigation-time-and-costs-a-discussion-with-chrysa-jones-coo/) - ** [My Battle With Sleep Demons (and How I Overcame It 🤞)](https://insnerds.com/my-battle-with-sleep-demons-and-how-i-overcame-it-%f0%9f%a4%9e/) - ** [Exploring the History of Citizens Insurance Company of Florida: From Inception to Present - AoB Podcast](https://insnerds.com/20638-2/) - ** [The Importance of Security in Workflow For Insurance Agents & Brokers (AoB Podcast with Taylor Pascoe of ShareFile)](https://insnerds.com/the-importance-of-security-in-workflow-for-insurance-agents-brokers-aob-podcast-with-taylor-pascoe-of-sharefile/) ### Related Posts - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/This-Changes-Everything-150x150.jpg?width=150&height=150&name=This-Changes-Everything-150x150.jpg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/This-Changes-Everything-150x150.jpg?width=150&height=150&name=This-Changes-Everything-150x150.jpg) ](https://insnerds.com/5-ways-blockchain-will-revolutionize-insurance-ecosystem/) [5 Ways Blockchain Will Revolutionize The Insurance Ecosystem](https://insnerds.com/5-ways-blockchain-will-revolutionize-insurance-ecosystem/) “You say you got a real solution Well, you know we'd all love to see… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/pexels-diamond-150x150-3.jpeg?width=150&height=150&name=pexels-diamond-150x150-3.jpeg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/pexels-diamond-150x150-3.jpeg?width=150&height=150&name=pexels-diamond-150x150-3.jpeg) ](https://insnerds.com/blockchain-vs-insurance-fraud/) [How Blockchain Technology Will Mitigate Insurance Fraud](https://insnerds.com/blockchain-vs-insurance-fraud/) “Systems that live on the internet are constantly exposed to attacks and become more robust.… - [![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/blockchain-150x150-2.jpeg?width=150&height=150&name=blockchain-150x150-2.jpeg) ![](https://insnerds.com/hs-fs/hubfs/Imported_Blog_Media/blockchain-150x150-2.jpeg?width=150&height=150&name=blockchain-150x150-2.jpeg) ](https://insnerds.com/the-disapperence-of-blockchain/) [The Disappearance of Blockchain](https://insnerds.com/the-disapperence-of-blockchain/) Blockchain has created a huge amount of buzz recently. 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