The multi-trillion-dollar insurance industry is dominated by huge corporations, weighed down by heavy regulation and plagued by misalignment's of company and consumer incentives. The insurance world has devolved into an inefficient, expensive and ultimately frustrating industry. When customers most need help, they can end up fighting in vain for reimbursement from companies whose profits too often depend on avoiding paying out.
InsureNET is building a platform for decentralized insurance products and applications. With visionaries like you, we can create a platform full of opportunities across the industry’s value chain and can all come together to provide better products and services. We aim to use blockchain technology to help make the purchase and sale of insurance more efficient, enable lower operational costs, provide greater transparency into the industry and democratize access to reinsurance.
Blockchain can provide the means to dis-intermediate the market with a peer-to-peer risk platform that helps insurance return to its roots as society’s safety net. We even envisage new groups building their own bespoke insurance risk pools and services on the platform. And InsureNET will be a fully-compliant, fully licensed insurance platform for the emerging blockchain economy.
In short, InsureNET can deliver the insurance industry the modernization customers are crying out for.
We are assembling a team of experts, experienced in delivering innovative products and at the top of their game in blockchain.
We started a demo here: https://insurenet-web.netlify.com
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