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

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]

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.

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 

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

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://bitcointalk.org/index.php?topic=3372186.msg35347792#msg35347792
Whitepaper: https://www.black.insure/whitepaper.pdf
Lightpaper: https://www.black.insure/lightpaper.pdf

---

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]

 
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

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   

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

---

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

---

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

---

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]

The insurance industry is one of the few examples, in which the blockchain can produce a significant impact. In the insurance business, it is clear that traditional insurers are a centralized source of delays and inefficiencies.

Blockchain technology allows replacing these insurers with efficient automated processes, reducing administrative overhead and time to market. https://medium.com/@jilliangodsil/blockchain-based-insurance-disrupting-an-industry-372171266e55

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 ‘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

The insurance industry could reduce costs by an estimated 30 per cent using blockchain technology.

“We are not digitising processes. We are creating new business models.” https://www.ft.com/content/2b579948-47ce-11e8-8c77-ff51caedcde6

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

Digital fragmentation is likely to compromise the ability of multinational insurers, and other big corporations, to effectively use powerful digital technologies such as data analytics, cloud services and the Internet of Things. All these technologies rely on the rapid, unobstructed flow of data between people and devices. https://insuranceblog.accenture.com/digital-fragmentation-threatens-growth-at-global-insurers

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

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

Blockchain’s immutable properties make it a natural partner for insurance. Blockchain has introduced transparency, and therefore trust, for underwriters who are automating up to 80 per cent of their work, freeing them up to solve complex cases. https://www.raconteur.net/business/insurance-companies-embracing-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

Hello guys!

Thanks for checking out Black Insurance thread, you may find our whitepaper and lightpaper below:

Whitepaper: https://www.black.insure/whitepaper.pdf
Lightpaper: https://www.black.insure/lightpaper.pdf

Please let us know if you have any questions. 

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Hi notderossi, thanks for your support!

Risto Rossar is the founder of Black and his role is to further develop Black Insurance grand vision, including mentoring of all team members as well as finding cooperation partners for Black through his extensive network in insurance space.

Risto is the CEO and Founder of Insly and Black Insurance. He is also an investor in several (mostly) insurance sector companies, including Inspool, Insta Kindlustus AS and etc.

https://www.linkedin.com/in/ristorossar/

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

[moderator's note: consecutive posts merged]

https://cointelegraph.com/news/alibaba-founded-insurtech-firm-promotes-blockchain-use-in-healthcare-industry

Using blockchain technology to cut risk and costs in healthcare insurance.

“Insurance is backed by statistics and blockchain will help to connect that massive and varied data. It will be used to manage risk and improve pricing.”

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

---

Thanks for joining us, bvhoang202!
We are excited about this project too!

Please feel free to join us on:
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/

[moderator's note: consecutive posts merged]

"More than 50 Insurtechs talked about their storys. Risto Rossar realy gets my attention. While most Insurtechs stay along the value chain, Black showed up with a solution out of the box. They will provide the required capital to underwrite insurance portfolios via Token. The option to invest directly in insurance risk is currently limited to a narrow circle of institutional investors. Black Insurance replaces insurance as risk carriers for a Blockchain-based marketplace of insurance capacity. They‘re not operational yet but launch the first blockchain insurance products in Europe, in 2019. Check out the Whitepaper and think about!" https://www.linkedin.com/feed/update/urn:li:activity:6404657794909376513

To learn more about us, please visit www.black.insure

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

Hi Alexs, thanks for joining us!

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 

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Blockchain technology often relates to trust, transparency and security/immutability aspects in the mind of insurance stakeholders. These aspects are key for insurance CXOs! And that is the reason why insurers are keen to learn, adopt and explore blockchain. http://insurancethoughtleadership.com/blockchain-guidees-and-realities/

What is Black Insurance? Black connects insurance entrepreneurs with innovative ideas to the capital they seek.

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]

Hello germsite!

Certainly, this is how Black works:

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