InsureX
The insurance industry is the most competitive industry.The organic growth of insurance industry has slowed. Insurers have been traditionally slow to adapt new technologies compared with their retail or banking counterparts, but we observe that the industry is moving away from this approach to embraced transformation. Some players have already started strategic investments in blockchain technologies to stay relevant in the market and remain competitive.
DESCRIPTION
InsureX is a marketing tool for insurers, reinsurers and brokers to trade insurance products directly, joining several insurance companies and using blockchain technology, to streamline all programming, policy, premium and management claims.
Idea Concept derived from Ingemar Svensson, InsureX was founded in London in 2017 under the auspices of the Finserve.io company that works with various insurance clients who are well-versed in blockchain technology and the idea of alternative markets.
Quality of storage
In the transaction process, highly confidential personal data is stored in secured NoSQL highly secure data, data that complements the network block by providing instant access to different data such as medical records or other confidential information equipped with security level, external authentication and the use of a strong profile
Various applications
The UI application comes with a fast and responsive React, as well as using the Node.js backend that handles most business logic. The combination of React and Node.js has proven to be a very fast, lightweight and powerful approach. By developing mobile applications, UI applications can be applied to tablets and phones and as part of the InsureX program.
MAIN FEATURE
List and market insurance products
This product can be registered to all buyers or just a few groups, or can focus on a particular area or market. During the process of standard negotiation the communication and document functions are made simple and transparent.
Transaction Execution
If the transaction process has been approved by all parties, then the transaction is entered into a list of records distributed with blockchain technology so that everyone can ensure and view transaction data and documents.
Portfolio management
InsureX Portfolio serves to see the general overview of the transaction process that has been done, Display key metrics Portfolio is hierarchical and form a complex structure.
Blockchain technology
InsureX involves reinsurance companies in London who agree to further explore how this platform can improve security, administration and cost. With Platforms that utilize the Ethereal blocking so as to facilitate external developers who want to contribute without having to get used to the implementation of other blockers.
Quality of storage
In the transaction process, highly confidential personal data is stored in secured NoSQL highly secure data, data that complements the network block by providing instant access to different data such as medical records or other confidential information equipped with security level, external authentication and the use of a strong profile
Various applications
The UI application comes with a fast and responsive React, as well as using the Node.js backend that handles most business logic. The combination of React and Node.js has proven to be a very fast, lightweight and powerful approach. By developing mobile applications, UI applications can be applied to tablets and phones and as part of the InsureX program.
website : http://www.insurex.co
whitepaper : http://www.insurex.co/wp-content/uploads/2017/05/insurex_whitepaper.pdf
Twitter : https://twitter.com/insurextech
Facebook : https://www.facebook.com/InsureX-1467549329975479
My Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1041140