InsureX charges a commission on transactions being executed on the marketplace and an annual subscription for memberships. As the InsureX community grows the transaction volumes will increase and new products and services will be available. By using blockchain technology the marketplace will be of interest to any participant in the insurance industry.
PLATFORM InsureX
The InsureX marketplace is primarily for institutions such as insurers, reinsurers and brokers. Bringing these participants together directly results in an efficient, cost-effective and transparent marketplace.
Products can be listed to a public audience or limited to a selected group of buyers only. A product listing includes the key characteristics and potentially targets specific regions and markets. The flexibility we offer allows the maximum chance for successful matching.
Technology
The InsureX architecture is a highly scalable and robust combination of the latest technology advances in blockchain, UX and server side approaches.
InsureX Tokens is an essential part .The tokens serve several functions:
- API licences
- Transaction fee payment
- Annual subscriptions
- Payment for data
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Ingemar Svensson |
Before founding InsureX, Ingemar was the CTO of Risk and Valuation at SunGard Asset Management. His experience ranges from managing large organisations to hands-on software development. Ingemar has spent 20 years building mission critical systems in various roles at Bank of America Merrill Lynch, Barclays Capital, Lehman Brothers and Mitsui Sumitomo Insurance.
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