INSUREX, the next big thing!

As an insurance professional I know that market is very far behind in technology and in need of cutting out so many middle men! And that's why I was triggered by InsureX immediatly. This is not a technical analysis but some background information why I think this will be a succes.

Just to give you all an idea, this is the amount of money that goes around in the insurance business yearly...

Offering a platform on the blockchain (Ethereum) where insurers, reinsurers, brokers and of course customers (companies) come together will make a huge difference. Not only in cost but also in making it easy to see who you are doing business with. For large insurance contracts like in commercial shipping idustry or liabilities of environmental exposures InsureX will make sure there is much more transparancy because these days there are various insurers participating before a contract is signed.

Also a great amount of insurers is working with very outdated software and that is an obstacle in developing new solutions from the existing platforms.

Crowdsale on InsureX Token (IXT) starts the 11th of July but there also is a presale starting tomorrow, minimum amount to participate is 40 ETH though.

I am in for sure after reading the whitepaper but as always, DYOR! Have a great day!

http://www.insurex.co/
http://www.insurex.co/wp-content/uploads/2017/05/insurex_whitepaper.pdf
https://tokenmarket.net/blockchain/ethereum/assets/insurex/