Black Insurance

Black Insurance

Market Place for Insurance Brokers and Investors

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.

About Black Insurance

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.

Summary

CLAIM YOUR SHARE
FROM $4 TRILLION
INSURANCE INDUSTRY!

Revolutionizing investments through tokenized crowdfunding like its never been done before.

Crowdfunded capital gives all investors first-of-a-kind investment opportunities to invest in stable insurance portfolios with long-term financial profits that so far have been shared among insurance companies and re-insurers. The Blockchain integration and tokenized process allows us distribute securities completely new way.

Team
Product Manager
CEO and Co-Founder
Verified
COO
Verified
CTO and Blockchain Solution Architect
CBDO
Verified
Marketing Manager
CEO and Co-Founder

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I heard about the term initial coin offering first in autumn 2017. The idea to disrupt the insurance industry as deeply as Black plannes to do it requieres significant investments in the early phases of the project. This was something that could have been a possible roadblock. I suddenly realized that the solution is actually pretty straightforward — in order to move on, we simply need to join the crypto capital and blockchain technology. It was kind of a „now or never“ moment for me, vision-like understanding that it all could actually work out this way. I took 3 weeks for planning, drafting and describing the project to make it clear and plan it properly. To give you a visual example of the inner drive and passion — I remember that I was sitting on my bathroom floor with a pile of papers in front of me, passionately mapping and drafting the ideas of Black, while my youngest child was in the bath on a Saturday evening.

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

As the operations chief, I'm making sure everything runs smoothly and the team gets to contribute at their maximum.

As a team member, сan you tell us about your role in the ICO project? What do you think about idea?

I lead the business development side of Black. Focusing on investor relations and also solving problems along the way to take us to success. The idea is revolutionary. Insurance is stuck in the past in many ways and there needs to be a change. The industry is controlled by a select few. What we are doing is bringing a way in for all and also making the whole ecosystem more efficient through automation. This is an enterprise platform for insurance participants - essentially a Lloyd's of London powered by blockchain-tech.

Milestones
March 2018
Platform tech demo using Fabric+Composer.
April 2018
Whitepaper, Released to Public.
May 2018
MVP, Demo ready for Investors.
June 2018
Black DAO launchedn on Ethereum.
August 2018
Alpha, Platform accepting first Users.
October 2018
ICO
January 2019
BLCK token listed on exchange(s)
March 2019
First Syndicate management agreement signed
Fall 2019
Beta, Platform ready for pilot projects
December 2019
First insurance policy sold
2010
Black gets its own insurance license in EU
2022
$300 million insurance premiums sold
2030
Black's model of insurance becomes mainstream
Financial
token info
Token Name BLCK
Token Platform Ethereum
Token Total Supply 80,000,000 BLCK
Token Amount For Sale 25,000,000
Preico Token Price 0.2 USD
Preico Token Supply 25,000,000
Ico Token Price 1 BLCK = 0.20 USD
Ico Token Supply 32%
investment info
Personal Cap Min 100 USD
Accept Currencies BTC, LTC, ETH
Hard Cap 5,000,000 USD
Restricted Areas USA
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