I work in the Insurance Industry and I know from personal experience that there is a huge pressure to modernize. Especially multi-layer processes in coverage, customer relation and claims. The industry is just too complex and inefficient. So companies currently are putting a lot of money in updating their computer systems.
However, this affects mainly sales and customer experience. Not the core of the business, managing risk.
Now I found InsureX (IXT). Seems to go into that direction and I see huge potential from a business perspective. Needless to say that the global insurance market is huge.
And it is aiming to be a real world application.
Also the team seems to be solid. There are people with serious positions in the industry.
Finally IXT seems to be the only Token specifically targeting the insurance industry. While insurance may be more boring than banking, there is much more competition in disrupting banking.
What I can't really judge is the tech behind it because I lack the knowledge. Can somebody have a look at it? Any other thoughts?
Disclaimer: I bought some IXT.
What about incent? It looks similar with the insurex, even wetrust already offered the same thing with insurex. But there is no result at all. Wetrust lack of the update about the development and product.
My concentrate already focused on the product.
