They say that they want to get rid of a lot of bureaucracy and to simplify and optimize many elements in their project. But I see a huge problem that can prevent it from doing.
what exactly are you talking about? Can there be bureaucratic problems for a project that is completely devoid of any bureaucracy?
Well, you did not think that not all insurance companies are ready to switch to such a technology now, and those that will go will have huge difficulties in dealing with other insurance.
Yes, I certainly understand that there will be some difficulties, but I'm sure that the project team took into account all these subtleties and they have a solution to this problem.
Well, I hope that you are right and this is really so, because otherwise the project has huge problems, which would not be desirable, given the interesting and innovative idea of this project.