Dear InsurAce Community, We are excited to announce that we have successfully raised $1 Million in our seed round led by DeFiance Capital with participation from Parafi Capital, Huobi DeFi Labs, Hashed, Signum Capital, and Lunex Ventures. We are truly …
InsurAce — $1 Million Seed Funding Raised From Tier-1 Institutions Read More »
The InsurAce platform will provide covers on smart contract cyber threats at the start which is the most demanding in the current DeFi space. Unlike other single protocol based platform where the capital pool and the cover purchase is per …
The business model of the insurance industry, including insurance and reinsurance, is about taking risks, mutualizing risks, managing risks while remaining solvent, and profitable, in which capital model defines the capital required to cover the risks associated with such purposes. …
Given the challenges of the existing DeFi insurance protocols, InsurAce has its unique value creations to address these problems. (1) “0” Premium With the portfolio-based product design as a fundamental approach of risk diversification, the premium for the insurance product …
Business Model As an insurance protocol, InsurAce will provide two function arms similar as the traditional insurance company, i.e., the insurance arm and investment arm. The free capital in the insurance capital pool can be placed into the investment pool …
We did extensive research on the existing insurance products, they are designed in different ideas and methods which can be categorized into 3 types with further comparisons listed in table below: · Mutual insurance, such as the Nexus Mutual; · …
What are the challenges of the existing DeFi insurance protocols? Read More »
Decentralized Finance (DeFi) aims to offer financial services by leveraging the decentralized technologies, mainly public blockchain networks, in an open and transparent manner with universal accessibility. It has been at the forefront of innovations in the blockchain and cryptocurrency space …
Insure your DeFi journey! InsurAce is a community driven DeFi insurance protocol which offers “0” premium and sustainable returns to every user in the crypto journey. Challenges of Current DeFi Insurance (1) Limitations of Product Accessibility There are some limitations …
Introducing InsurAce — a new DeFi insurance Protocol Read More »
