UK pilot project: We`re putting our foot to the pedal

VouchForMe
VouchForMe blog
Published in
2 min readFeb 12, 2018

This week has been busy for InsurePal management and founders. After three days of back to back meetings in London with key insurance gate keepers, members of the top 4 consulting group and operational actuaries, InsurePal can proudly say we are putting our foot to the pedal.

Those of you who have been following us from the very beginning and are already familiar with our roadmap, know that we`ve chosen to launch InsurePal pilot project in UK. Despite the market being extremely demanding and the barriers are high, there are several reasons supporting this decision — the biggest one being the certainty that successfully entering UK benefits all other aspects of business as well.

The fast-moving nature of political, economic and market conditions in 2017 resulted in a highly unstable market in UK, giving InsurePal even more opportunities to move quickly and present ourselves in due time. Therefore, it is of our strategic importance for us to establish a branch office and partnership network to start the cycles of our UK pilot project as quick as possible.

And, we`re glad to say the meetings we attended past week were extremely fruitful. Although we can`t disclose details until the agreements are concluded, we are positive the way things unfolded.

A part of our team is already located in London, providing us with the insights necessary to make the right decisions and quickly act upon them. Maxim Streltses, InsurePal CFO and Peter M. Moricz who expanded his ICO advisory role into a longer cooperation as a strategy advisor and connector for the blockchain economy are on the mission of establishing InsurePal UK branch and growing a trusted partnership network.

We can`t wait to share with you all the details that confirm that an exceptional year is ahead of us! Stay with us.

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VouchForMe
VouchForMe blog

Vouchforme is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of Blockchain innovation.