SafeInsure - harnesses blockchain technology to create new digital accountability network for insurance buyers and sellers, because:
93% amount of Americans who doesn't trust insurance companies.
90% of insurance companies don't believe blockchain is important
10% the amount of fraudulent insurance claims, resylting in $80 billion losses/year
The objective of SafeInsure project is to provide an access point between policymakers and consumers with options tailored espacially to meet specific client needs. With SafeInsure, users will have instantaneous and nearly feeless experience - what is more - no controlling intermediaries will be included in this process. Using the SafeInsure Marketplace, customers will will have access to custom insurance options suited for themselves. Isurance offers will be specially tailored for their needs without having to pay for features and options they don’t truly need.
Imagine the following scenerio: Company X has a claim against Company Y. Company Y’s insurance agents process the payment and sends along a check to Company X’s insurance company, and much later, Company X receives reparation. In between, there is a mountain of bureaucracy, routing, time, and ultimately, friction. Using SafeInsure, Company Y pays Company X’s claim directly via a digital blockchain transaction that happens instantly, is immutably recorded by the SafeInsure blockchain, and is publicly auditable so that all parties involved are satisfied with the honesty of the entire procedure. No papers, no complicated trails of employees in offices spread around the globe, and no centralized agency to deal with. Instead, everything happens instantaneously and in an unquestionably trustful manner.
The SafeInsure platform future plans include: SafeInsure system design and UI update, launching major PR and marketing campaign, introducing SINS/USD trading pairs, ongoing business development and more.