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Black Insurance

Market Place for Insurance Brokers and Investors
11/1/2018 - 11/30/2018


Insurance is broken: it's expensive, complicated and slow to meet customer needs. It's because all decisions are made by a handful of people in a small number of big insurance companies, riddled with bureaucracy. Black is going to fix insurance by introducing a democratic, blockchain-based marketplace for creating virtual insurance companies that can design and sell their own, innovative insurance products. These products will be backed by security tokens issued in the future ICO-s, allowing crypto investors to tap into insurance profits. Since blockchain enables to turn administering of insurance policies much more efficient, these products will also be less expensive and provide more profit upside. Black Insurance is one of the most ambitious ICO backed company since it addresses the entire $4 trillion insurance market. Our team, comprised of seasoned insurance and technology executives, stands prepared to take advantage of this opportunity. Black is currently the only blockchain / insurance startup addressing the biggest and still most wasteful part of the insurance industry: creating and capitalizing insurance products. All insurance products in the world need to be created and capitalized, and currently it can only be done through centralized, wasteful and slow insurance incumbents. We're adding a third option. Most other blockchain based insurance startups are either addressing one particular product line, or one small, often relatively insignificant part in the insurance value chain. Black works with any insurance product, and with the biggest and most important part of the value chain.

Start Date : 11/1/2018


Token
BLCK
PreIcoPrice
1 BLCK = 0.20 USD
Price
Available
Bonus
Available
MVP / Prototype
Available
Platform
Ethereum
Accepting
BTC, LTC, ETH
Minimum Investment
100 USD
Country
Estonia
KYC / Whitelist
KYC & Whitelist
Restricted
USA, China, Singapore



SOCIAL MEDIA



FINANCIALS


Softcap
2,000,000 USD
Hardcap
45,000,000 USD


About Black Insurance

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.