InsurAce.io to Partner and Integrate with Cover Compared by PolkaCover

Cover Compared by PolkaCover will be launching in the coming weeks with InsurAce.io as one of its founding partners. Users will be able to compare insurance coverage for their assets on this innovative insurance marketplace.

Not long after Nsure was announced as our first partner, we are ecstatic to introduce InsurAce.io as our second official insurance partner at Cover Compared! Cover Compared, powered by PolkaCover, is truly breaking boundaries in the cryptocurrency insurance industry. Kunal Sadani, CEO PolkaCover

About the integration

Joining the Cover Compared platform is one of the leading decentralized insurance companies in the crypto space right now, InsurAce.io, providing reliable, robust, and secure DeFi insurance services to its users. From insuring against smart contract threats to allowing users to secure their investments against cyber risks, IDO insurance, and Custody Insurance, InsurAce.io offer a unique range of insurance products that are specifically tailored to meeting unmet needs within the market.

As part of this partnership, Cover Compared users will gain exposure to and be able to purchase InsurAce.io’s premium insurance offerings. Simultaneously, the InsurAce.io community will gain visibility and wider market coverage by being integrated into the Cover Compared marketplace.

Our partnership with InsurAce.io will give users access to a one-stop shop insurance marketplace where both traditional and crypto insurance products are listed.

The benefits however do not stop here. The partnership between Cover Compared and InsurAce.io will enhance operations and optimize user experiences. Apart from the wide range of policies available, our platform will also include an AI-based claim management system that will ensure submitted claims are prioritized and dealt with instantly.

As InsurAce.io continues to grow from strength to strength, it is with partners like PolkaCover that we expand our visibility in the market and widen our reach to new users. We are proud to be able to offer our services to the PolkaCover community via Cover Compared. Oliver Xie, Founder, InsurAce.io

The launch of Cover Compared is due in the coming weeks. Please join our telegram group for the latest information.

About PolkaCover:

PolkaCover is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

About InsurAce.io

InsurAce.io Protocol is a DeFi Insurance protocol that has quickly become the second-largest protocol in DeFi insurance. The $INSUR token was released in February 2021, followed by a mainnet launch to the Ethereum Network in April 2021.

InsurAce.io is a decentralized insurance protocol, covering 60+ protocols on 8+ chains, built to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost, up to 60% lower than other protocols, simultaneously reducing gas fees by up to 50%.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital and a dozen of other top funds.

$INSUR

There is a circulating supply of 11 million INSUR tokens with a maximum release of 100 million INSUR Tokens which can be mined through staking on the protocol.

Tokens can be used for staking themselves, and for governance of claims submitted through the dApp. Read more about the tokenomics here.

#EarnMoreINSUR

#INSURforLess