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Black Insurance [BLCK]

ENDED: November 30, 2018
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Description

Black is a digital insurance company on the blockchain. Our platform connects insurance brokers directly with capital enabling them to launch their own virtual insurance companies. Thus removing the trusted third parties (Insurance Companies) from the value chain. We have been in the insurance industry for over 18 years. During this time ...Read More


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ICO Link

https://www.black.insure/

Sectors

Insurance

Executive Summary

One of the biggest problems in the insurance industry today is that the product design and customer are too far apart. Currently, the products are created by insurance companies. This means that there are several parties between the customer and product, the system allows for a lot of bureaucracy, high costs and hinders innovation. Time to market normally takes years. 
There are many different parties in the system: Re-insurers, Insurers, MGA’s, Agents, Brokers, Third Parties and Wholesale Brokers. As products are controlled by insurers, launching an insurance product takes a lot of time and the markets’ needs are not attended to fast enough. Whereas insurance brokers that are close to the customer and truly understand the market cannot get the desired product to market fast enough. There will be a lot of negotiations, time and costs involved. Often great ideas get neglected altogether.

Documents

whitepaper.pdf?pdf=whitepaper.pdf
lightpaper.pdf
scientific-whitepaper

Whitelist and KYC

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The Team

Timeline

Pre-Sale Starts

1st October 2018

The ICO/Token/Coin pre sale opens

Happened: 6 Years, 1 Months, 21 Days ago

Pre Sale Ends

31st October 2018

The ICO/Token/Coin pre sale closes

Happened: 6 Years, 22 Days ago

Sale Starts

1st November 2018

The ICO/Token/Coin sale opens

Happened: 6 Years, 21 Days ago

Sale Ends

30th November 2018

The ICO/Token/Coin sale closes

Happened: 5 Years, 11 Months, 22 Days ago

TODAY

22nd November 2024

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Financial Information


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Ratings and Flags


Overall Rating

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