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Author Topic: 📢 [ANN]Black Insurance digital insurance company on the blockchain  (Read 7615 times)
gxmonitor
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June 22, 2018, 12:13:14 PM
 #641

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
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June 24, 2018, 05:51:59 AM
 #642

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
gxmonitor
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June 24, 2018, 10:06:32 AM
 #643

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.To learn more about Black:

http://www.black.insure/
drwoo
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June 24, 2018, 09:53:13 PM
 #644


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.

Couldn't it also be an option that any individual can come up with an insurance product and offer it via your platform?



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June 25, 2018, 05:51:44 AM
 #645


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.

Couldn't it also be an option that any individual can come up with an insurance product and offer it via your platform?

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.
gxmonitor
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June 25, 2018, 11:39:46 AM
 #646

We're proud to announce Alex Norta, Adviser at Black Insurance, will be speaking at BlockchainSummit at Olympia, London (26/27 June).

https://twitter.com/BlockchainHQ/status/1009769409546727424
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June 26, 2018, 06:09:37 AM
 #647

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
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June 26, 2018, 11:24:14 AM
 #648

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
drwoo
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June 26, 2018, 05:23:25 PM
 #649


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.

Couldn't it also be an option that any individual can come up with an insurance product and offer it via your platform?

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.


I understand. I just thought it might be very interesting if individuals could offer insurance for very specific things they personally know or experienced.



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chunt
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June 27, 2018, 05:36:37 AM
 #650


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.

Couldn't it also be an option that any individual can come up with an insurance product and offer it via your platform?

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.


I understand. I just thought it might be very interesting if individuals could offer insurance for very specific things they personally know or experienced.


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

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
FrankDi
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June 27, 2018, 06:10:34 AM
 #651

Looking forward for more upgrades. Riveting activity, well-advised business.  Good luck fellows!
gxmonitor
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June 27, 2018, 10:30:42 AM
 #652

Looking forward for more upgrades. Riveting activity, well-advised business.  Good luck fellows!

We really appreciate your support. Please stay tuned for more updates about our project.
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June 27, 2018, 03:03:30 PM
 #653

I like this project
I have participated in airdrop program in telegram
I wait distributed airdrop program
copy
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June 27, 2018, 03:25:48 PM
 #654

Hi! What are you called "Black" insurance? Black is associated with something unregulated and illegal (Black market) Shocked
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June 28, 2018, 05:53:50 AM
 #655

Дeйcтвитeльнo, этoт пpoeкт выглядит интepecным, я yвижy paзвитиe бyдyщeгo в пepвyю oчepeдь ...
Удaчи!

Пpивeт, Eвгeния77, cпacибo зa вaшy пoддepжкy!

Пoжaлyйcтa, нe cтecняйтecь cлeдoвaть зa нaми:
Beб-caйт: http://www.black.insure/
Twitter: https://twitter.com/BlackInsure
Facebook: https://www.facebook.com/blackinsure/
Teлeгpaммa: https://t.me/BlackInsurance
Linkedin: https://www.linkedin.com/company/black-insurance/
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June 28, 2018, 05:54:55 AM
 #656

I like this project
I have participated in airdrop program in telegram
I wait distributed airdrop program

Hi Rasta,

I believe you mean our bounty program, we do not have airdrop campaign now.  Smiley

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
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June 28, 2018, 05:55:36 AM
 #657

Their idea is quite attractive in my mind! Interesting results, excellence results.  Good luck all.

Hi White_Firop, thank you for your support!   Smiley

Please feel free to follow us:
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/
chunt
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June 28, 2018, 05:59:59 AM
 #658

Hi! What are you called "Black" insurance? Black is associated with something unregulated and illegal (Black market) Shocked

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

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
gxmonitor
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June 28, 2018, 11:30:12 AM
 #659

How Blockchain Will Help Small Businesses Challenge Even the Largest Rivals...

https://www.entrepreneur.com/article/312923
jbhjjhiufga122
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June 28, 2018, 02:46:11 PM
 #660

I like this project. It seems great but how can I join it?
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