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Author Topic: 📢 [ANN]Black Insurance digital insurance company on the blockchain  (Read 7615 times)
Stanford
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May 16, 2018, 06:53:58 PM
 #421

The Black Insurance is a B2B platform.

It is built for insurance industry participants,including brokers, MGAs, insurers and investors.It connects insurance entrepreneurs with innovative ideas to the capital
they seek. All policies are written on blockchain, greatly reducing transaction costs and giving everyone an equal playing field for conducting business.
The Black platform creates a blockchain ecosystem for all parties that will bring transparency, democracy and efficiency to the insurance industry.
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May 17, 2018, 06:38:26 AM
 #422

Yesterday Risto Rossar and Martin Mägi had a super exiting day at DIA Amsterdam, where over 1000 brightest minds of insurance community were present – there was constant line of people in front of our booth who wanted to talk whith us about our product demo. Black was also mentioned in several panel discussions as potential disruptor. Insurance brokers already wanted to start using our product and insurance companies were just “exited”.
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May 17, 2018, 12:56:18 PM
 #423

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May 18, 2018, 07:59:02 AM
 #424

Over time Black will gather large quantities of data from different markets, and by analyzing it with machine learning and AI, Black is able to calculate the prices at which any insurance business can be profitable.
We will implement smart contracts that accept insurance policies from Brokers only in case insurance premium is at least on the level that does not create loss to Black.
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May 18, 2018, 11:45:48 AM
 #425

I think, this is real nteresting.. Good idea, i know it)
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May 18, 2018, 03:50:45 PM
 #426

 The project will be interesting for participants of the insurance industry. Introduction of innovative ideas in insurance is necessary. The team's experience will help in the implementation of the tasks.
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May 18, 2018, 04:25:58 PM
 #427

Black Insurance PR

Digital Insurance Provider on Blockchain, Black Insurance Ropes in Professor Alex Norta as the Scientific Advisor.

http://altcoinalerts.com/digital-insurance-provider-on-blockchain-black-insurance-ropes-in-professor-alex-norta-as-the-scientific-advisor/
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May 19, 2018, 10:20:33 AM
 #428

The project will be interesting for participants of the insurance industry. Introduction of innovative ideas in insurance is necessary. The team's experience will help in the implementation of the tasks.
Thanks a lot for your feedback!
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May 19, 2018, 02:54:28 PM
 #429

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May 20, 2018, 08:57:22 AM
 #430

I think it’s not the best way to advertise your airdrop here
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May 20, 2018, 02:14:32 PM
 #431

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May 21, 2018, 12:29:59 AM
 #432

Digital Insurance Provider on Blockchain, Black Insurance Ropes in Professor Alex Norta as the Scientific Advisor.

The goal of Black platform is to empower the insurance brokers by connecting them directly with capital, allowing them to launch their own virtual insurance companies.

The new Scientific Advisor for Black Insurance, Professor Alex Norta is the owner of Norta & Partners, offering holistic consultation and software development service in the field of blockchain technology. He has advised and written whitepapers for many successful blockchain projects such as: Neo, Qtum, Cedex, Datawallet, Cashaa and many more. In the past, he has worked as a post-doctorial researcher on the SOAMeS project at the computer-science department of Helsinki University. His research on a PhD about dynamic inter-organizational business process collaboration was featured in an FP6-EU research project called CrossWork.

“The insurance industry today is slow with bringing products to market because of excessive bureaucracy that distorts free-market mechanisms to the detriment of customers,” explains Prof. Norta.  “Blockchain technology is a means to replace this excessive bureaucracy with a novel control mechanism that is much cheaper, faster and more trustable. Thus, the insurance industry can start to meet the markets needs quick and in a cost effective way.”

http://altcoinalerts.com/digital-insurance-provider-on-blockchain-black-insurance-ropes-in-professor-alex-norta-as-the-scientific-advisor/
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May 21, 2018, 11:48:21 AM
 #433

Black Insurance is among the 3% of startups that really change the insurance at its core.
https://insuranceblog.accenture.com/insurtech-refocus-on-underserved-elements-of-the-insurance-value-chain-to-unlock-growth
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May 21, 2018, 12:15:39 PM
 #434




Black will use the blockchain to transfer risk directly from clients (insureds) to financial backers (Black Syndicate Token holders): minimizing all inefficiencies storing all data securely in blockchains transparent  business operations using smart contracts faster innovation by platform members
Black Insurance will use two types of tokens:
Black Platform Token (BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform (utility token). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.
Black Syndicate Tokens (BST) (issued when the platform is ready). BST is an investment in insurance capital, and a specific BST is created for each syndicate (security token), The profitability of the insurance portfolio for a specific syndicate will pass-through to the holders of it’s BST.

The Black Insurance is a B2B platform.

It is built for insurance industry participants,including brokers, MGAs, insurers and investors.It connects insurance entrepreneurs with innovative ideas to the capital
they seek. All policies are written on blockchain, greatly reducing transaction costs and giving everyone an equal playing field for conducting business.
The Black platform creates a blockchain ecosystem for all parties that will bring transparency, democracy and efficiency to the insurance industry.
Join us in social networks


Is there anything would you like to know about our project?
godblessyou12
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May 21, 2018, 06:06:51 PM
 #435

Digital Insurance Provider on Blockchain, Black Insurance Ropes in Professor Alex Norta as the Scientific Advisor.

The goal of Black platform is to empower the insurance brokers by connecting them directly with capital, allowing them to launch their own virtual insurance companies.

The new Scientific Advisor for Black Insurance, Professor Alex Norta is the owner of Norta & Partners, offering holistic consultation and software development service in the field of blockchain technology. He has advised and written whitepapers for many successful blockchain projects such as: Neo, Qtum, Cedex, Datawallet, Cashaa and many more. In the past, he has worked as a post-doctorial researcher on the SOAMeS project at the computer-science department of Helsinki University. His research on a PhD about dynamic inter-organizational business process collaboration was featured in an FP6-EU research project called CrossWork.

“The insurance industry today is slow with bringing products to market because of excessive bureaucracy that distorts free-market mechanisms to the detriment of customers,” explains Prof. Norta.  “Blockchain technology is a means to replace this excessive bureaucracy with a novel control mechanism that is much cheaper, faster and more trustable. Thus, the insurance industry can start to meet the markets needs quick and in a cost effective way.”

http://altcoinalerts.com/digital-insurance-provider-on-blockchain-black-insurance-ropes-in-professor-alex-norta-as-the-scientific-advisor/

Is there anything would you like to know about our project?
godblessyou12
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May 21, 2018, 06:41:06 PM
 #436

It is built for insurance industry participants,including brokers, MGAs, insurers and investors.It connects insurance entrepreneurs with innovative ideas to the capital
they seek. All policies are written on blockchain, greatly reducing transaction costs and giving everyone an equal playing field for conducting business.
The Black platform creates a blockchain ecosystem for all parties that will bring transparency, democracy and efficiency to the insurance industry.
godblessyou12
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May 21, 2018, 07:40:22 PM
 #437

Black Insurance is among the 3% of startups that really change the insurance at its core.
https://insuranceblog.accenture.com/insurtech-refocus-on-underserved-elements-of-the-insurance-value-chain-to-unlock-growth
godblessyou12
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May 21, 2018, 08:18:50 PM
 #438

Black Insurance makes use of several unique properties the Blockchain has to offer.

Cutting out Trusted Third Parties 🙅

Transparency 💯

Automation 👍

https://medium.com/blackinsurance/the-advantages-of-blockchain-based-insurance-products-ffb6229eaa94
godblessyou12
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May 21, 2018, 08:45:53 PM
 #439

Welcome to all new members of the Black Insurence community!
Use the http://t.me/blackinsurebot?start=XqHMmmprvIXR in the project and get the airdrop.

1. Join our main chat group, inactive users will not receive the airdrop. Members who leave the group are removed from the company's bounty.
2. Follow at least 1 social media channel  ( telegram group must ) and submit your wallet address and also submit email to get info about token received
3. Bot abuse will lead to a ban.
4. Every user gets 5 stakes per connection 10 stakes for each referral. Referral funds are available once a referral has verified their account.
5. Max 20 referal are allowed to avoid spam and bots.
6. The minimum payment is made with a balance of 50 stakes.

Join to us!❤️
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May 21, 2018, 09:09:49 PM
 #440

MGA Boost Provides Insurtechs with Insurer Access, Backend Operations
https://www.insurancejournal.com/news/national/2018/05/17/489497.htm
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