Thank you for your support Lightaconmo! 

Black Insurance ICO will start in October 2018, please feel free to register now to enjoy 25% bonus! https://tokensale.black.insure/register

Have you participated in any ICO before?

Hello zircot8! 

We rely on Ethereum blockchain and private Hyperledger fabric. All Tokens created by Black Foundation will have deployments to Public Blockchain and to Private Hyperledger Fabric. Tokens deployed to Public Blockchain as Smart Contracts include functionality required for both the ERC20 and ERC223 specifications. Tokens deployed to Private Hyperledger Fabric will also include all ERC20 and ERC223 functionality, to establish a common definition between implementations on different Blockchains.

During the ICO, BLCK tokens will be available for sale, you can use any ERC20 compatible wallet to store the tokens, such as myetherwallet, ImToken.

Hello! 

Syndicates are groups of insurance professionals that create ICO-s of BSTx tokens on the Black platform (x representing the number of the Syndicate), and invest in insurance products, also listed on the Black platform. For instance, some entrepreneur creates a crypto wallet insurance, and a syndicate invests in this product. The product can be now traded, and should it make profits, BSTx token investors share the profits.

Why don't investors invest directly in insurance products? Because managing an insurance product is a professional activity, requiring underwriting, actuary, claims handling and adjustment, and reporting capabilities. This is what Syndicate takes care of, in addition to selecting a well balanced portfolio of different insurance products to invest in.

Hello prinkingle, thank you for your interest!

Please feel free to check out our Platform Prototype:
for investors: http://dhoster.tk/html/black.insure/investor/
for brokers: http://dhoster.tk/html/black.insure/broker/

Let us know if you have any questions or feedback, thank you! 

Hello lichengiddy, thank you for the information, let's keep the discussions to Black Insurance here.

All Tokens created by Black Foundation will have deployments to Public Blockchain and to Private Hyperledger Fabric. Tokens deployed to Public Blockchain as Smart Contracts include functionality required for both the ERC20 and ERC223 specifications. Tokens deployed to Private Hyperledger Fabric will also include all ERC20 and ERC223 functionality, to establish a common definition between implementations on different Blockchains.

 

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Hi Tsunomloni, we accept everyone except residents from USA and any country where token sale is illegal. However, accredited investors from USA can join us! Black Insurance ICO will start in October 2018, please feel free to register now to enjoy 25% bonus!
https://tokensale.black.insure/register

Please refer to our Bounty telegram group for any bounty related questions. Our bounty managers will be happy to help you. https://t.me/BlackInsuranceBountyGroup
This is the Bounty Bitcointalk thread: https://bitcointalk.org/index.php?topic=3379115.0unty info
 

[moderator's note: consecutive posts merged]

Hi  btcyoda, thank you for your interest!

For now we are planning to accept BTC and ETH as payments.

While we will have our own insurance license only in Europe, to start with, we can do business in other regions by using a "fronting insurer" (basically a local insurer lends its license for a fee that's usually 3-5%), or through Lloyds of London license.

We have a roadmap for applying for an insurance license just in Europe (EEA), currently. Becoming a licensed insurer is unfortunately a costly and time consuming exercise, but we have great advisors and everything is in place.

This means that in 2019, we and our users are only eligible to write insurance policies in EEA. However, a portion of the future business users (we have a network of dozens insurance brokers and other parties) already have the necessary licenses, and they can start issuing policies in other countries right after the platform is live.

Down the road, we intend to apply for licenses at other markets as well, with current plans to start expansion with the US.

---

Talking Cryptocurrency interviewed Liina Laas, Chief Business Development Officer of Black Insurance!

Listen on https://twitter.com/talkcryptoshow/status/1030832595309756417

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

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

---

Let's look deeper into the Black Insurance token economy models and the design considerations.

https://medium.com/blackinsurance/designing-a-token-economy-model-for-the-insurance-industry-e1e93c975ea



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

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

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Black Insurance, a digital insurance company on blockchain, is opening  historically centralized insurance market for crowdfunding. Crowdfunded  capital gives retail-investors first-of-a-kind investment opportunities  to invest in stable insurance portfolios with long-term financial  profits that so far have been shared among insurance companies and  re-insurers. The tokenized process allows cryptocurrency market to  participate as well. 

https://medium.com/blackinsurance/black-insurance-is-revolutionizing-investments-in-insurance-industry-through-tokenized-crowdfunding-746ae10d18a5

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

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



[moderator's note: consecutive posts merged]

Hi yudi09, thanks for reaching out! 

Thanks for your suggestions, we are working hard to build up our community. Please feel free to join us on Telegram too https://t.me/BlackInsurance

Thanks for supporting Black Insurance!

See the show & tell of Black Insurance at Digital Insurance Agenda Amsterdam 2018 

http://www.digitalinsuranceagenda.com/pagina-dia-tv.php?keyword=black


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

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

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Black platform prototype is launched and live on our website. Go and check it out yourself, log in as a broker or investor:  http://www.black.insure/prototype/

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

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

---

Hi  Katysgysa, thank you for your support!

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

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Hi Coupkoriktors, thank you for your kind words and support!

======

According to industry insiders, there’s a hot new business that more and more firms are looking to get into: crypto insurance. 

“Insurance for cryptocurrency storage will be a big opportunity,” said Christian Weishuber, a spokesman for Allianz 

https://www.insurancejournal.com/news/national/2018/07/23/495680.htm

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

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

---

“Indeed, when we speak about ‘cutting out the middleman,’ the automatic  assumption is that the middleman who should be cut out is the broker.  But we are thinking that it’s possible to cut out the insurers from  between brokers and capital. That’s the larger fundamental premise  behind our business model.” 

https://www.canadianunderwriter.ca/insurance/canadian-brokers-can-cut-middleman-insurers-1004134630/?utm_source=dlvr.it&utm_medium=twitter

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

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

---

Hi preicoved, thank you for listing us on your channel 

Black Insurance ICO will start in October 2018, users may register now to enjoy 25% bonus!
https://www.black.insure/presale/

---

Hello zis700, thank you for your interest!

We indeed have plenty of blockchain / insurance related companies on our radar.

We are seeing the blockchain / insurance landscape or positioning as follows (from simplest to most complex):

-Service providers create blockchain solutions for the insurance industry, without participating in the insurance vertical themselves

-Products companies create new, innovative insurance products (e.g. parametric insurance, IoT related stuff etc), by establishing a partnership with an insurance company to underwrite the policies, and sell to customers

-Carriers are product companies (above) that don't partner with an existing insurer, and attempt to become a licensed insurer themselves

-Marketplaces (Black) enable creation, capitalisation and distribution of insurance products by platform members, that can include other insurers, brokers, agents and all insurance industry members. We don’t create the products, they do it. This strategy also requires an insurance license, and much more.


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.


 

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Woot! Black Insurance won the first place in  InsurTech Cashwalk promising start-ups!

https://www.insurtech-munich.com/the-1st-insurtech-cashwalk-top-notch-start-ups-put-to-the-test-by-international-investors/

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

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

---

Meet us! Black Insurance upcoming events:

28 August, 2018: Blockchain Summit Singapore http://blockchainsummitsingapore.com/

10 - 12 September, 2018 : Insurtech Rising Europe  in London https://finance.knect365.com/insurtech/speakers/risto-rossar

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

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

---

Black Insurance is an example of radical innovation. The platform challenges the organization of the insurance ecosystem in a number of ways.

https://medium.com/blackinsurance/blockchain-based-insurance-on-the-way-to-radical-innovation-46f3fa8206d2

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

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

---

Meet Risto, the founder of Black Insurance.

"All the building blocks needed to build Black exist today. Our role is to put them into right place and connect the brokers with the capital directly."

https://medium.com/blackinsurance/meet-risto-the-founder-of-black-insurance-d87945ecfc7b

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

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

---

Why Digital Insurance Agenda Amsterdam selected Black Insurance?

Black is the first company to bring the entire insurance value chain to the blockchain, and give insurance entrepreneurs the ability to innovate with product offerings, and investors to take part in that.

http://www.digitalinsuranceagenda.com/202/black-insurance-digital-insurance-company-on-the-blockchain/

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

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

---

How does Black build an insurance platform from scratch. What are the components required? How do they interact? 

https://medium.com/blackinsurance/the-black-insurance-architecture-how-to-design-a-smart-contract-insurance-platform-1ec3e4353c7a



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

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

---

In essence, Black Insurance  is not a decentralized platform, ...it is a real insurance company offering partnerships to entrepreneurs  around the world. 

https://steemit.com/ico/@bakso.super/black-insurance-blockbuster-insurance-in-its-best-traditions



Black Insurance ICO will start in October 2018, please feel free to register now to enjoy 25% bonus! https://tokensale.black.insure/register

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

---

Come and meet Liina Laas, Chief Business Development Officer of Black Insurance at Blockchain Summit in Singapore on August 28!

http://www.blockchainsummitsingapore.com/component/speventum/speaker/221-mart-parve.html


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


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

---

We are pleased to inform that Black Insurance has been voted one of the Best 100 Insurtechs in EMEA region by KleinBlue. 

https://medium.com/blackinsurance/black-insurance-voted-as-100-best-insurtechs-in-emea-region-a157fc1785f2

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

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

[moderator's note: consecutive posts merged]

Blockchain beyond the hype: what is the strategic business value?   

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/blockchain-beyond-the-hype-what-is-the-strategic-business-value

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

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

---

“We are excited to back Black, which allows for a wide variety of investors to participate in a high-quality insurance finance product,” said Fineqia’s CEO Bundeep Singh Rangar, who also helped found Black. “Black represents everything we want from issuers on our platform: innovation, disruption and ambition. We believe that insurance is one sector ripe for blockchain disruption and Black Insurance has the right team experience to make this happen.” 

How blockchain will help brokers bypass traditional insurers?https://www.canadianunderwriter.ca/insurance/how-blockchain-will-help-brokers-bypass-traditional-insurers-1004134470/

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

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

---

Black Insurance has chosen Hyperledger Fabric for its permissioned part of the platform, because of its modularity, tool support, and maturity. Nevertheless, the system also interfaces with the public Ethereum chain. This hybrid approach combines the advantages of both worlds and may become a role model for future interoperable multi-blockchain solutions. 

A comparison of enterprise blockchain platforms —  deeper look at the technical requirements for enterprise applications and the platforms available.   https://medium.com/blackinsurance/enterprise-blockchain-platforms-a-comparison-d58f1227ce70

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

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

[moderator's note: consecutive posts merged]

Hello Tim_Beta, Babveltrennorth, spyaquino, guinamaia, Timonpadi, Aleksandrasiv,

Thank you for your support! 

=======

Meet Triinu, Black Insurance Marketing Manager.

"there is a strong need for a change in insurance industry and it is  already changing. It is a good time for BLACK to be part of it and make  it happen. " https://medium.com/blackinsurance/meet-triinu-marketing-manager-of-black-ee6364d5c51b

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

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

---

"A South African insurer Discovery demonstrates incredible innovations in human insurance. Over the last 20 years, the insurer has introduced new ways to improve policyholders’ lives using connected fitness devices to track healthy behaviors, generate discounts, and deliver incentives for activities supporting wellness and even healthy food purchases. ...I’m convinced that insurance companies will still be relevant in the future, or will become even more relevant than they are now, but these companies will have to be insurtechs, or players who use technology as the main enablers for reaching their own strategic objectives."

https://www.linkedin.com/pulse/insurers-still-relevant-future-even-more-than-matteo-carbone/?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_post_details%3Byor7oiYPSNeNH4CcPWCwWQ%3D%3D


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

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

---

Black Insurance Platform broker sign-up has been open for less than 2 weeks now and we have already 31 brokers signed up across the world with current gross written premiums reaching 150 million USD per year. 

Watch this video to learn more: https://www.youtube.com/watch?time_continue=82&v=bC_V1vyRoso

https://medium.com/blackinsurance/brokers-signing-up-across-the-world-with-current-gwp-reaching-150-million-usd-per-year-4df96f34417d

[moderator's note: consecutive posts merged]

...the RiskBlock Alliance, whose members include such insurance heavyweights as Chubb, Marsh and Liberty Mutual, has decided to build its first set of use cases using R3's Corda platform.
https://www.coindesk.com/all-big-insurers-are-uniting-behind-r3s-blockchain-tech/



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

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

---

 
Black Insurance platform provides a complete ecosystem for the insurance industry stakeholders and end-users via smart contracts and digital tokenized assets. Read more to learn how it actually works   
https://medium.com/blackinsurance/launching-a-blockchain-based-insurance-product-f4e7d05070ef


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

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

[moderator's note: consecutive posts merged]

Meet the Black Insurance broker: Chance Sowers, Metzger Insurance     

“After doing some research, I have come to very high expectations for Black."   

Meet a Black broker: Chance Sowers, Metzger Insurance

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

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

---

  www.youtube.com/watch?v=mrv2H2pI5XY

  www.youtube.com/watch?v=d6V0T-Smzb0&t=42s

Thank you Max Cryptomaniac and Bridgetown Channel for your reviews on Black Insurance! Please feel free to check them out! To learn more about Black: http://www.black.insure/

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



[moderator's note: consecutive posts merged]

The future is bright with Black Insurance, thanks for your support Drwoo! 


===

"Innovation takes place on an international level". Take a closer look on 5 insurtech battles:   

http://www.digitalinsuranceagenda.com/191/the-five-insurtech-battles/

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

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

How can Black Insurance provide both, transparency of the insurance industry, and privacy for policyholders?

The answer is using two blockchains, a permissioned blockchain and the public Ethereum blockchain. Brokers, investors and insurers interact in private transaction on a Hyperledger Fabric-based blockchain. This private chain which is interfaced with the public Ethereum blockchain. https://medium.com/blackinsurance/dealing-with-privacy-in-smart-contract-based-insurances-4087319f9b48

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 Insurance noted as one of the 5 ICO projects you should pay attention to in the coming months. 

https://medium.com/@Journalancer/five-upcoming-icos-you-should-pay-attention-to-c2e803ce0ec8

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

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

---

Blockchain beyond the hype: What is the strategic business value? How can companies determine if there is strategic value in blockchain that justifies major investments?

https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/blockchain-beyond-the-hype-what-is-the-strategic-business-value

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

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



[moderator's note: consecutive posts merged]

Hi Copy, great question! Black does not imply illegal, we are totally legal! 

Black is a digital insurance company on blockchain. Our platform connects insurance
brokers directly with capital enabling them to launch their own virtual insurance
companies. Thus removing the trusted third parties (Insurance Companies) from
the value chain.

First, Black is a platform where our business users can design insurance covers, get them capitalised, and write policies. Formally, it's Black Insurance that is writing the policies on behalf of the business users, but we don't design, underwrite or sell the insurance products ourselves - that's up to our users.

We have a roadmap for applying for an insurance license just in Europe (EEA), currently. Becoming a licensed insurer is unfortunately a costly and time consuming exercise, but we have great advisors and everything is in place.

This means that in 2019, we and our users are only eligible to write insurance policies in EEA. However, a portion of the future business users (we have a network of dozens insurance brokers and other parties) already have the necessary licenses, and they can start issuing policies in other countries right after the platform is live.
Down the road, we intend to apply for licenses at other markets as well, with current plans to start expansion with the US.

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

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

Hi Drwoo, I agree! Democratising insurance further will only benefit us all 

When the legal and technical requirements change, we will be happy to explore these opportunities.

======

To begin our review of the “Insurance Economy” supported by Black Insurance, we would like to illustrate the high-level, value exchanges that are happening between participants. https://medium.com/blackinsurance/the-black-platform-value-exchange-overview-and-transaction-scenarios-ea850633f469

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

The research claimed that those companies that would benefit most from blockchain include those with the need for (1) transparency in transactions, (2) current dependence legacy storage systems and (3) a high volume of transmitted information. https://techcrunch.com/2018/04/19/do-you-need-a-blockchain/?guccounter=1

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

Hi Drwoo, due to legal and technical requirements, currently we will offer the platform for Agents, Brokers and MGAs to launch their insurance startup.

We connect the idea to the capital directly, replacing the parties that are not needed in the value chain with  technology.  We  will  do  this  through  crowdfunding,  also  giving  smaller  investors  a  way  in.  This  leaner  model  gives  more  responsibilities  to  insurance  brokers  and  control  over  the  products  they 
are selling. Insurers as we know them today are simply a trusted third party - blockchain gives us an alternative to that and the need for insurers disappears.

How blockchain technology can save you money on insurance?

"...Now, new platforms are making insurance simpler, more accessible, and cheaper. Blockchain technology is now being used to remove inefficiency in the insurance industry, ultimately reducing your insurance costs. "

http://ow.ly/LBYR30kAMNv


To learn more about Black Insurance, please visit http://www.black.insure/

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