Topic: 📢 [ANN]Black Insurance digital insurance company on the blockchain - page 27. (Read 8006 times)

Permissioned blockchains deployed in insurance consortia yield comprehensive industry benefits across the value chain in three categories: (1) preventing fraud, (2) championing interoperability in multi-party processes and (3) facilitating consumer trust and ease of auditing through data transparency and immutability.

https://insurtechnews.com/insights/insurance-on-the-blockchain

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

Historic insurance market faces challenge from overseas rivals and digital disrupters.
https://www.ft.com/content/23e1c812-6e45-11e8-852d-d8b934ff5ffa

Meet our COO, Mart!

“When I heard about Black Insurance, I immediately thought: “Damn this is BIG”."

Also, Black has really strong founders. As a wise man once told, idea is just a multiplier of execution. Bundeep and Risto have proved to deliver operational high growth businesses one after another.

https://medium.com/blackinsurance/meet-mart-black-coo-when-i-heard-about-black-insurance-i-immediately-though-damn-this-is-bc2eab259e54


To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

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Insurance is an industry, like many others, that has been plagued by ongoing issues that can be solved through the use of blockchain technology.

Let's take a look at how insurance claims can be processed using this technology.

https://medium.com/blackinsurance/ever-wondered-how-insurance-claims-can-be-processed-on-the-blockchain-heres-how-9ce27cff5cf4

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

[moderator's note: consecutive posts merged]

Black Insurance makes use of several unique properties the Blockchain has to offer.

Cutting out Trusted Third Parties 🙅

Transparency 💯

Automation 👍

https://medium.com/blackinsurance/the-advantages-of-blockchain-based-insurance-products-ffb6229eaa94

Hi Drwoo!

Thanks for joining us!

Black will be a licensed insurance company that provides insurance capacity to Agents, Brokers and MGAs enabling them to launch their own virtual insurance companies.

Insurance business will be generated by local MGAs / Brokers / Agents whose responsibility is designing insurance products for a market, pricing and selling the product and organizing claims handling.

Delegating business to local agents makes the Black business model scalable while bringing business decisions closer to end customers.

Can anyone offer an insurance product or is it for institutions? Could I decide to offer insurance for something on your platform?

Hi Iqbal!

Thank you for your kind words and support!

Black Insurance ICO will start around Fall 2018, please feel free to register now to enjoy 25% bonus!
https://www.black.insure/presale/

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In the insurance industry tokens can be a very useful abstraction. In  fact, tokens are the key ingredient enabling smart contract-based  insurances on the Black Insurance platform.  https://medium.com/blackinsurance/tokenizing-the-insurance-business-1cd88fde22fe

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w 

Meet Mart, Black COO: “When I heard about Black Insurance, I immediately thought: “Damn this is BIG”.” 😊

https://medium.com/blackinsurance/meet-mart-black-coo-when-i-heard-about-black-insurance-i-immediately-though-damn-this-is-bc2eab259e54

When an event requires an exchange of information, most insurers strive to share the least amount possible, in many cases using manual, paper-based processes. This is insurers’ way of making sure that there are no sensitive leaks, and it reflects the fear that digital exchanges of data may not be secure. But what if there were a technology that changed this? Blockchain technology! https://www.bcg.com/publications/2018/first-all-blockchain-insurer.aspx

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

We are really glad that you like our project. Keep supporting us.

Our whitelist registrations are open.
Register now and get 25% bonus throughout the pre-sale and ICO.

https://www.black.insure/presale/

Why insurance is broken and how Black Insurance can fix it?

If you have missed the video by our CEO, Risto Rossar, please feel free to watch it here: https://www.youtube.com/watch?v=xf8VKYGEB3w

To find out more about Black Insurance:

Website: http://www.black.insure/
Twitter: https://twitter.com/BlackInsure
Facebook: https://www.facebook.com/blackinsure/
Telegram: https://t.me/BlackInsurance
Linkedin: https://www.linkedin.com/company/black-insurance/
Bitcointalk: https://bitcointalksearch.org/topic/m.35347792
Whitepaper: https://www.black.insure/whitepaper.pdf
Lightpaper: https://www.black.insure/lightpaper.pdf

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Hi Keehl, thank you for your support!

Black connects insurance entrepreneurs with innovative ideas to the capital they seek.

An example:

An insurance startup “CryptInsure” has recognised the need for insuring crypto wallets hosted by third parties. They list their product on the Black platform after it has been approved by the Black experts. A syndicate focus   ing on crypto products recognises the product and decides to invest. CryptInsure gets the needed funding and starts to distribute the product to customers. All done in 2 months.

To learn more about Black: http://www.black.insure/

Black Insurance Introduction Video: https://www.youtube.com/watch?v=xf8VKYGEB3w

Black Insurance ICO will start around Fall 2018, please feel free to register now to enjoy 25% bonus!
https://www.black.insure/presale/

[moderator's note: consecutive posts merged]

Get whitelisted and earn a 25% bonus:
Register now and get 25% bonus throughout the pre-sale and ICO.
https://www.black.insure/presale/

If you have any query regarding whitelist , we are here to assist you.

You are right. There are many projects in insurance sector.

Black will be a licensed insurance company that provides insurance capacity to Agents, Brokers and MGAs enabling them to launch their own virtual insurance companies.

Insurance business will be generated by local MGAs / Brokers / Agents whose responsibility is designing insurance products for a market, pricing and selling the product and organizing claims handling.

Delegating business to local agents makes the Black business model scalable while bringing business decisions closer to end customers.


Black Insurance will use two types of tokens:

Black Platform Token (BLCK). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.

Black Syndicate Tokens  (BST) which is a security token. BST will be issued when the platform is ready.

 
Historic insurance market faces challenge from overseas rivals and digital disrupters
https://www.ft.com/content/23e1c812-6e45-11e8-852d-d8b934ff5ffa

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

Black connects insurance entrepreneurs with innovative ideas to the capital they seek.

An example:

An insurance startup “CryptInsure” has recognised the need for insuring crypto wallets hosted by third parties. They list their product on the Black platform after it has been approved by the Black experts. A syndicate focus   ing on crypto products recognises the product and decides to invest. CryptInsure gets the needed funding and starts to distribute the product to customers. All done in 2 months.

Thanks for your support Chapman!

Black connects insurance entrepreneurs with innovative ideas to the capital they seek.

An example:

An insurance startup “CryptInsure” has recognised the need for insuring crypto wallets hosted by third parties. They list their product on the Black platform after it has been approved by the Black experts. A syndicate focus   ing on crypto products recognises the product and decides to invest. CryptInsure gets the needed funding and starts to distribute the product to customers. All done in 2 months.

To learn more about Black: http://www.black.insure/

Black Insurance Introduction Video: https://www.youtube.com/watch?v=xf8VKYGEB3w   

The ‘Insureum Protocol’ is a blockchain-based platform that connects  insurers and policyholders. Through this platform, customized products  can be developed by collecting customers’ life cycle data such as the  amount of physical activity, hobby and the type of devices the customers  use.  https://www.linkedin.com/pulse/axa-signed-mou-zikto-develop-blockchain-based-gilles-fromageot

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

Black is currently the one of the very few blockchain / insurance startups actively pursuing the marketplace strategy, and the only one that will enable launching any type of insurance products. The part of the value chain our positioning addresses, is the biggest and most fundamental - all insurance products in the world are created and capitalised, and currently the only ways are through an insurance company, or Lloyd's of London. We're adding a third option.
😊

This is the future of insurance: lower rates, better service, personalized counsel. Here are three ways embracing technology can significantly improve business prospects and meet the demands of insurance consumers in the digital age.

-Developing a customer-first strategy

-Using the right tools in the right ways

-Optimizing business models

https://www.insurancebusinessmag.com/us/business-strategy/how-to-survive-the-shift-toward-digital-insurance-distribution-102908.aspx

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

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When an event requires an exchange of information, most insurers strive to share the least amount possible, in many cases using manual, paper-based processes. This is insurers’ way of making sure that there are no sensitive leaks, and it reflects the fear that digital exchanges of data may not be secure. But what if there were a technology that changed this? Blockchain technology! https://www.bcg.com/publications/2018/first-all-blockchain-insurer.aspx

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

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https://www.generali.com/info/discovering-generali/all/2018/Blockchain-revolution

How can Blockchain be used and implemented in the insurance industry?

Due to the security, transparency, and decentralisation of the information managed, Blockchain opens disruptive scenarios in various insurance areas:1. Risk data would be available to all players  2. In developing retail products3. Efficient process of identifying customers ("know your customer" - KYC) 4. Fraud prevention5. With the use of DLT, the claim could be submitted without customer intervention via smart devices, the verification of the insured party, the validity of the coverage, and the completeness of the accident data would be automatic.

Learn more about Black Insurance: www.black.insure

Black Insurance Introduction Video: https://www.youtube.com/watch?v=xf8VKYGEB3w

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The potentials of Blockchain technology for the insurance industry is remarkable !

"...an interesting concept of smart contract-based insurances; namely, the ability to automate insurance procedures by interfacing with external systems."
https://medium.com/blackinsurance/smart-contract-based-insurance-policies-in-praxis-f7d523449556

To find out more about Black Insurance, please visit https://www.black.insure/

Please check out our introduction video too! https://www.youtube.com/watch?v=xf8VKYGEB3w

[moderator's note: consecutive posts merged]

Nice read on "How Blockchain-based Insurance is Disrupting an Industry"

https://medium.com/@jilliangodsil/blockchain-based-insurance-disrupting-an-industry-372171266e55

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Yes. The insurance industry could reduce costs by an estimated 30 per cent using blockchain technology. Blockchain can bring new revolution in Insurance industry.

[moderator's note: consecutive posts merged]