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Author Topic: 📢 [ANN]Black Insurance digital insurance company on the blockchain  (Read 7777 times)
godblessyou12
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May 27, 2018, 09:59:26 PM
 #501

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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godblessyou12
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May 27, 2018, 11:26:16 PM
 #502

Black Insurance will use two types of tokens:

Black Platform Token (BLCK). 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) which is a security token. BST will be issued when the platform is ready.

http://www.black.insure/
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May 27, 2018, 11:50:22 PM
 #503

Black Insurance will use two types of tokens:

Black Platform Token (BLCK). 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) which is a security token. BST will be issued when the platform is ready.

http://www.black.insure/
zircot8
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May 28, 2018, 02:35:09 AM
 #504

Interesting, I believe blockchain technology can truly disrupt the insurance industry! How are you different from your competitors?
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May 28, 2018, 02:45:32 AM
 #505

Interesting, I believe blockchain technology can truly disrupt the insurance industry! How are you different from your competitors?

Hi Zircot8!
Thanks for your support!

We indeed have plenty of blockchain / insurance related companies on our radar, including Etherisc, Blocksure, Insurepal, ixledger, PolicyPal, ChainThat, fidentiaX, InsurChain, B3i etc.

The blockchain / insurance landscape or positioning is 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

Black is a Marketplaces, we 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.


cryptoslate01
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May 28, 2018, 03:11:10 AM
 #506

Hello Team  Smiley

I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added Black Insurance  to  CryptoSlate's ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/black-insurance/

https://i.imgur.com/2e5z132.jpg
lamongan12345
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May 28, 2018, 04:57:07 AM
 #507

Black insurance provides a new innovation in insurance and will launch various types of insurance products. Further advantages, black insurance brings blockchain-based technology that will ensure data storage security, and more transparency. I think black insurance will be the right and best choice. In addition, the project is also supported by an experienced team of developers.

chunt
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May 28, 2018, 06:03:26 AM
 #508

Hello Team  Smiley

I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added Black Insurance  to  CryptoSlate's ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/black-insurance/

https://i.imgur.com/2e5z132.jpg


Hello! Thank you for featuring us, we appreciate it!  Smiley
chunt
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May 28, 2018, 06:08:49 AM
 #509

Black insurance provides a new innovation in insurance and will launch various types of insurance products. Further advantages, black insurance brings blockchain-based technology that will ensure data storage security, and more transparency. I think black insurance will be the right and best choice. In addition, the project is also supported by an experienced team of developers.

thanks for your support Lamongan! Smiley

Our founder Risto Rossar has an extensive network in insurance space. He is also the CEO and Founder of Insly and an investor in several insurance sector companies, such as Inspool, Insta Kindlustus AS and more!
vcxv
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May 28, 2018, 06:24:38 AM
 #510

Are we already on some popular exchnage or do we plan to get listed on one in near future?
gxmonitor
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May 28, 2018, 06:30:47 AM
Last edit: May 28, 2018, 09:53:44 AM by gxmonitor
 #511

Are we already on some popular exchnage or do we plan to get listed on one in near future?

We can't disclose about exchange listing at this moment, but we are surely trying to list our project in popular exchanges. By the way, can you tell us best exchanges according to you ?
mahvia
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May 28, 2018, 01:01:47 PM
 #512

Take all the top 10 exchanges in volume and put them on your to-do list Smiley
I personally like Kraken most

https://coinmarketcap.com/exchanges/volume/24-hour/

Are we already on some popular exchnage or do we plan to get listed on one in near future?

We can't disclose about exchange listing at this moment, but we are surely trying to list our project in popular exchanges. By the way, can you tell us best exchanges according to you ?
crypto|george
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May 28, 2018, 01:29:47 PM
 #513

Take all the top 10 exchanges in volume and put them on your to-do list Smiley
I personally like Kraken most

https://coinmarketcap.com/exchanges/volume/24-hour/

Are we already on some popular exchnage or do we plan to get listed on one in near future?

We can't disclose about exchange listing at this moment, but we are surely trying to list our project in popular exchanges. By the way, can you tell us best exchanges according to you ?

Thanks for the wonderful suggestion! Could we also know where did you heard about us?
crypto|george
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May 28, 2018, 03:56:03 PM
 #514

Do i get it right that brokers make products and Black will back it up like the insurance company and if claims happen Black will pay for it? Brokers have no liability?

In general, I think Black is the platform where brokers, clients and capital would meet to get their suitable deal through a smart contract. Now I've come to think of it, were the conditions like one custom insurance plan or a client that asks for a specific insurance product be visible in the platform? or it automatically matches each other to be tied up by a smart contract??
godblessyou12
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May 28, 2018, 06:05:09 PM
 #515


We have Bounty. 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
godblessyou12
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May 28, 2018, 06:30:13 PM
 #516

First Blockchain for Marine Insurance Now Running
https://www.insurancejournal.com/news/national/2018/05/25/490345.htm


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
godblessyou12
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May 28, 2018, 07:32:56 PM
 #517

Please watch this introductory video from our team! Watch how Black Insurance works!
https://www.youtube.com/watch?v=xf8VKYGEB3w
godblessyou12
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May 28, 2018, 08:54:37 PM
 #518

Marsh explores blockchain applications with proof of insurance | Digital Insurance

https://www.dig-in.com/news/marsh-hops-on-the-blockchain-with-proof-of-insurance 

Learn more about Black Insurance: https://www.youtube.com/watch?v=xf8VKYGEB3w
godblessyou12
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May 28, 2018, 09:40:27 PM
 #519

Exactly! Thanks for pointing that out.

Black is a B2B platform from Estonia, that provides the capital to agents, brokers and MGAs to launch their own insurance products, fast. It is built on a distributed ledger technology, commonly referred to as the blockchain, which will improve the current insurance business model by connecting the insurance entrepreneurs with capital making it easier for them to launch new products and saves costs.

We 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)

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.
godblessyou12
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May 28, 2018, 10:27:30 PM
 #520

Please watch this introductory video from our team! Watch how Black Insurance works!
https://www.youtube.com/watch?v=xf8VKYGEB3w
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