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WHAT IS INSUREPAL

InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation.

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OUR VISION

InsurePal aims to become a first-of-a-kind blockchain-based decentralized insurance platform powered by social proof guarantee. It will serve as a replacement for insurances as we know and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain and transactions being carried out on the distributed ledger.

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SOCIAL PROOF

Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in a form of financial commitment. The endorser who financially guarantees for someone has to use its own due diligence when providing the guarantee to at the risk of losing their money. Through such endorsements, the network in whole becomes more risk aware.

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PATENT

This is the first time we have successfully reinvented the social proof for insurance industry. The innovative approach has been filed for patent protection in US and worldwide.

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BUILDING THE INTERNET OF INSURANCE

The future of blockchain is identity without authority. The crypto is expanding from digital trading to something that will become a parallel economy, constituting fundamental changes. The mass adaptation of digital currencies of is just around the corner, and the need for blockchain identity and transaction regulation will soon arise. For that, InsurePal is making important strategic partnerships already today to build the three basic pillars of future business that will help grow confidence among trustees and speed up their business operations on the blockchain.





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INSUREPAL PLATFORM

InsurePal sees the blockchain innovation as an opportunity to improve transparency and outcomes across the entire value chain. The platform will work as a dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.



B2C
InsurePal will provide a customer-centric experience, allowing the users to easily navigate through the process and obtain the most favorable insurance premium via their mobile device dAPP.

B2B
The InsurePal platform will act as a glob al provider of various insurance modules based on social proof mechanics. That way all interested third-parties will be able to use the platform as stand-alone providers by paying a predetermined fee.



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MARKET

We believe the insurance of tomorrow should explore the technological improvements and reestablish the relationship of trust by application of peer-to-peer and mutual markets. Insurance industry is a 7 trillion global market representing a huge opportunity for us to reach our expected target 1 % (70 billion).



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TEAM

Everyone needs an insurance, that will not change. But, we are dedicated to convert the incremental approaches of the past and invent new ways to make insurance simpler, better and fairer to you. Our team combines the best industry knowledge and technical background to deliver an amazing coverage, but it is our passion that guarantees your trust stays with us.

Explore our team and their Linkedin profiles here.

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MILESTONES

In last three years, InsurePal has walked a long road from a great idea to a most serious business. Since we are aware insurance is one of the most regulated industries, we want to ensure optimum conditions for achieving our goals in the set time. Our team is 100% passionate and absolutely committed to delivering our promise to you.



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CROWDSALE INFORMATION






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