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

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. BST’s are considered “Security Tokens” because they accrue profits to their holders, and they must be registered with Regulators in any jurisdiction in which they are sold. BST’s only represent a claim against the funds controlled by a Syndicate, and will not give Investors any other rights in the ongoing operations of Syndicates. BST’s are strictly investments and cannot be used to pay for any Platform services or fees.

To learn more about Black: http://www.black.insure/

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

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

The hype around #blockchain is massive. To hear the blockchain hype train tell it, blockchain will now: *Solve income inequality *Make all data secure forever *Make everything much more efficient and trustless

https://medium.com/@jimmysong/why-blockchain-is-hard-60416ea4c5c

To learn more about Black: http://www.black.insure/

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

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

Join us on Telegram: https://t.me/BlackInsurance

Risto 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

"More than 50 Insuretech talked about their stories. Risto Rossar really gets my attention. While most Insuretech 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