InsurePal

InsurePal

Created using Figma
Created using Figma
InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. The platform will serve as a replacement for insurances as we know today and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain, starting with the insurance of blockchain business transactions. The innovative approach has been filed for patent protection in US and worldwide. Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in form of financial commitment. The endorser who financially guarantees for someone has to use its own diligence when providing the guarantee to at the risk of losing their money. Through such endorsements, the network in whole becomes more risk aware. The platform will work as an dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.
  • Market
    Pair
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    Volume 24H
    24H (price)
    24H (volume)
  • Livecoin
    IPL/ETH 28 minutes ago
    $ 0.0020
    $ 169.13
    -21.10%
    -78.59%
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    $ 0.0020
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    -99.53%
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    $ 0.0019
    $ 117.95
    -0.62%
    -48.47%
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Jan 16, 2018
Feb 5, 2018
100% completed
$18 000 000
100% hard cap completed
Hard cap 18 000 000.00 USD
past
  • 1 IPL
    =
    0.1 USD
Token Details
Ticker
IPL
Accepted Currencies
ETH
Company Details
Registered Country
Liechtenstein
Additional Details
Platform
Ethereum
Categories
Platform, Business services

About InsurePal

Join us in a venture in what is to bring a complete change to the insurance as we know today!

  • SOCIAL PROOF PATENT
    We’ve successfully reinvented the social proof methodology for insurance industry. The approach has been filed for patent protection in the US and worldwide.

  • SCALABILITY
    Insurance is a $7 trillion global market. By becoming an early adopter of blockchain technology, InsurePal can gain an important advantage.

  • INDUSTRY KNOW-HOW
    InsurePal team combines best of both worlds – industry professionals with years of experience and dedicated blockchain experts with a track-record of successful crypto projects.

  • INSUREPAL (IPL) TOKEN
    IPL token will be the fuel of InsurePal platform, used by clients and 3rd-parties worldwide. The platform will use different means to incentivize participants and make the tokens available to a broad audience.

  • SELF-REGULATION
    Our business model allows self-regulation without the need of a central institution. As the risk-prone individuals will be automatically excluded, InsurePal can offer significant cost reductions.

  • SOCIAL IMPACT
    InsurePal motivates groups for a change to better. We’re creating a complete switch in paradigm and growing a global community that shares a common value of reciprocity.

Insurance of tomorrow
InsurePal aims to become a first-of-a-kind blockchain-based decentralized insurance platform powered by social proof guarantee. InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. It will serve as a replacement for insurances as we know and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain and transactions being carried out on the distributed ledger.

The science of social proof
Social proof is a natural, in-built mechanism within all of us, representing people`s moral compass. In other words, people reference the behavior of others to guide their own behavior. InsurePal embeds social proof in a form of financial commitment. The endorser who financially guarantees for someone has to use its own due diligence when providing the guarantee to at the risk of losing their money. Through such endorsements and guarantees, the network in whole becomes more risk aware, consequently inducing a change of people’s behavior.

Worldwide patent
This is the first time we have successfully reinvented the social proof for insurance industry. The innovative approach has been filed for patent protection in US and worldwide. Insurance play a vital role in society and its proper function is imperative. To prevent unfair competition, it is at large subjected to tight regulation and unified standards. For that, we make it our imperative that InsurePal abides with all the regulatory requirements. This way our policyholders can always rely they are safe and covered.

Features

InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. The platform will serve as a replacement for insurances as we know today and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain, starting with the insurance of blockchain business transactions. The innovative approach has been filed for patent protection in US and worldwide. Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in form of financial commitment.

Technical Info

The platform will work as an dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.

InsurePal Roadmap

  • Social proof and first round of funding

  • Founders identify the science of social proof as a solution and invest close to $500.000 to develop the social proof model and web app demo.
  • 2015 Social proof and first round of funding

  • Insurance industry is full of irregularities.
    Founders identify the science of social proof as a solution and invest close to $500.000 to develop the social proof model and web app demo.
    Calibrated mathematical algorithms confirm the model brings from 30% and up to 70% cost reduction.
  • US & worldwide patent

  • Social proof insurance patent protection is filed in US and worldwide.
  • 2016 US & worldwide patent

  • Social proof insurance patent protection is filed in US and worldwide. Founders pitch the idea in Silicon Valley but refuse several million offer to be able to develop InsurePal on their own terms.
    The methodology, viability assessment and a legal review of the project are developed. Blockchain is identified as the missing piece. Several meetings with crypto think-tanks occur. InsurePal core team is assembled.
  • Read More
  • Core team & ICO preparation

  • InsurePal enters in partnership with Netis Group and expands the team with several blockchain and IT experts.
  • 2017 Core team & ICO preparation

  • InsurePal enters in partnership with Netis Group and expands the team with several blockchain and IT experts.
    The architectural design of the InsurePal platform and its functionalities begins. Parallelly, the extensive preparations for ICO go about.
  • InsurePal tokensale

  • InsurePal tokensale

  • 16 January

  • IPL token crowdsale
  • Platform launch & extended features integration

  • Platform is further developed and new social proof modules are integrated, ready to be used by third-parties.
  • 2018 Platform launch & extended blockchain features integration

  • The development of InsurePal platform core begins. First social proof modules are ready to be used. PR & Marketing campaign launches.
    We obtain MGA insurance license for UK market and start with UK pilot project. Platform is further developed and new social proof modules are integrated, ready to be used by third-parties. Extensive legal and regulatory preparations to obtain the EU passport license begin.
  • UK pilot project

  • We obtain MGA insurance license for UK market and start with UK pilot project.
  • 2019 and on Global expansion & B2B partnerships growth

  • Additional functionalities are implemented. Partnerships with interested third-parties are further promoted. Implementation of claims community handling model begins. All InsurePal activities are promoted on a global scale.
    InsurePal platform to become a “to-go” global social proof insurance.
  • Global expansion & B2B partnerships

  • Additional functionalities are implemented. Partnerships with interested third-parties are further promoted.

Activity

Activity:
34
VERY LOW
Posts:
1 783
VERY HIGH
Views:
12 132
VERY HIGH
Members:
2 628
MEDIUM
30 Days Growth:
-160
Year commits:
0
Watchers:
5
Stars:
3
Forks:
1
Open issues:
0

InsurePal Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Matt Peterman
Co-founder & InsurePal CEO
unverified
Tom Volk
Co-founder
unverified
Thomas B. Manson
Chief Insurance Officer
unverified
Adam Parker
Chief Marketing Officer (CMO)
unverified
Gavin Conway
Chief Growth Officer
unverified
Matjaz Rakovec
Chief Operation Officer (COO)
unverified
Alexander Solomonov
Chief Financial Officer
unverified
Robert Kovacic
Chief Compliance Officer
unverified

3 ICO

$46 461 527

Daniel Bieusz
General Legal Counsel
unverified
Maxim Streltses
Chief Financial Officer UK
unverified
Tomaz Furlan
Blockchain Expert & Crowdsale Project Manager
unverified
Tanja Bivic
Communications & PR Consultant
unverified

2 ICO

$31 887 429

Melita Gulja
Communications & Content Creator
unverified
Sebastjan Pirih
Digital Marketing Consultant
unverified

2 ICO

$23 087 896

Igor Zgonc
Blockchain Business Consultant
unverified
Rok Kunej
Communications & Marketing Specialist
unverified
Matjaz Šircelj
Community Manager
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Damian Arnold
Insurance & Operations Expert
unverified
Tomislav Mučič
Senior Blockchain Consluntant
unverified
Corey Cohen
Marketing Specialist
unverified
Euan King
Senior Insurance Expert
unverified

2 ICO

$18 000 000

Aleš Tomažin
Blockchain & Business Development Expert
unverified

3 ICO

$34 167 210

Andrej Plankar
Blockchain Business Consultant
unverified
$ 0.0020
1.00%
Coin Stats
Daily, %:
1.00%
Weekly, %:
-20.88%
Monthly, %:
-61.71%
Market Info
Market Cap:
$ 440.392 K
Volume 24h:
$ 1.187 K
Circ. Supply:
223.411 M IPL
Ticker:
IPL
ICO profit
X 0.0197
ICO Price~$0.1000

InsurePal Reviews

icocrunch.io
review

In general the community seems to have a great interest in InsurePal. This is evident based on the project’s very successful presale. We expect InsurePal will be able to raise the rest of the required funds during crowdsale with relative ease. InsurePal have also patented the application of social proof to insurance, although one has to remember that this model has not yet fully demonstrated itself in action. We do like the fact that potentially more affordable insurance and the implementation of modern technologies may attract clients who until now have not been likely to insure.
We are keeping an eye on the project and awaiting further developments!

Read More
icotokennews.com
reviews

InsurePal is peer-to-peer insurance which is built on social proof endorsements, to harness the power of blockchain innovation. It is designed with the aim of becoming the world’s first insurance service offering trust to crypto community members for managing their products and services.

Read More
bitcoinexchangeguide.com
reviews

InsurePal aims to create the “insurance of tomorrow’ using blockchain technology and social proof guarantees. It’s a peer-to-peer insurance platform where you can receive endorsements (backed by financial obligations) from your friends. The company plans to disrupt today’s insurance structure, enabling a new type of coverage for life and businesses.

Read More
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