FOR IMMEDIATE RELEASE
CINCINNATI, OH – October 4, 2018 – 10XTS, a blockchain technology firm specializing in asset tokenization and data transparency solutions, was honored to participate in American Modern Insurance Group’s inaugural internal innovation conference, AMP. Held at American Modern’s headquarters in Cincinnati, Ohio, the conference brought together industry leaders and innovators to explore emerging technologies and forward-thinking approaches for advancing the insurance sector.
Organized by American Modern’s Innovation and Digital Teams, the AMP conference welcomed a diverse lineup of speakers, including representatives from FC Cincinnati, Kroger, LPK, Cintrifuse, and 10XTS. The event was designed to foster a culture of innovation within American Modern by introducing its team members to new ideas, technologies, and industry trends that have the potential to reshape the insurance landscape.
Michael Hiles, CEO of 10XTS, led the company’s presentation, where he shared insights into blockchain technology and its transformative potential for the insurance industry. He discussed the mission of 10XTS, which is dedicated to developing compliant and secure blockchain solutions for digital asset management and recordkeeping. Hiles emphasized how blockchain can enhance transparency, security, and efficiency, particularly within the insurance sector, where accurate data management and risk mitigation are crucial.
“We’re honored to have been invited to present at American Modern’s AMP conference and to share how blockchain technology can drive meaningful change in the insurance sector,” said Michael Hiles. “American Modern’s commitment to fostering innovation aligns perfectly with 10XTS’s mission to bring secure, transparent solutions to the insurance and financial markets.”
As a gesture of gratitude, American Modern made a donation to the United Way on behalf of 10XTS in recognition of their participation, highlighting American Modern’s commitment to both community and innovation. This charitable act underscored the conference’s spirit of collaboration and impact, bringing together industry thought leaders not only to inspire American Modern’s teams but also to support meaningful causes.
About American Modern Insurance Group
American Modern is a widely recognized leader in the specialty insurance industry, with nearly 50 years of experience in providing innovative insurance solutions for niche markets. Headquartered in suburban Cincinnati, Ohio, American Modern offers a wide range of specialized products and services across the residential property and recreational sectors, and recently expanded to include pet health insurance.
Licensed in all 50 states, American Modern reaches more than 1.7 million policyholders through its various property and casualty companies. The company is known for its commitment to quality and excellence, holding an A+ (Superior) rating from A.M. Best, an independent insurance industry rating organization, and consistently ranking as a Ward’s 50® Top Performer. These accolades reflect American Modern’s dedication to stability, customer service, and innovation.
In 2008, American Modern joined Munich Re, a global leader in reinsurance. Munich Re, headquartered in Munich, Germany, operates in over 50 countries with approximately 47,000 employees. As part of Munich Re’s North American insurance operations, American Modern benefits from the resources and global expertise of one of the world’s leading insurance groups.
About AMP: American Modern’s Innovation Conference
The AMP conference is part of American Modern’s broader strategy to integrate cutting-edge innovation into the insurance sector, addressing emerging trends, disruptive technologies, and creative solutions for the future. The event provided American Modern’s teams with a “hands-on” opportunity to engage with thought leaders and explore how concepts like blockchain, artificial intelligence, and digital transformation can create more efficient, customer-focused insurance offerings.
With blockchain technology reshaping the landscape of financial services, 10XTS’s participation in AMP reflects American Modern’s proactive approach to understanding and integrating breakthrough technologies. This collaboration marks a significant step toward modernizing processes within insurance and exploring how blockchain’s inherent qualities of security, transparency, and data integrity can address complex challenges in the industry.
About 10XTS
10XTS is a blockchain technology company focused on delivering compliant, secure, and efficient solutions for digital asset management and data transparency in the financial and insurance sectors. Its flagship platform, XDEX, offers a robust, blockchain-based ecosystem for managing tokenized assets and records, ensuring compliance and enhancing transparency for capital markets and financial institutions. Headquartered in Cincinnati, Ohio, 10XTS is committed to advancing blockchain innovation and supporting the industry’s evolution with solutions tailored to real-world needs.
Media Contact
10XTS
Email: info@10xts.com
Website: www.10xts.com
