It is time to reinvent insurance. Let us introduce you Crowdsurance.
We all heard about shared economy: people sharing cars, home, bikes, even wi-fi. But why can’t we share our risks and protect each other without insurance companies. We have to pay lots of money because only insurance companies have algorithms for risk assessment, technology and resources.
Leveraging our 20 years experience in risk assessment and scoring we are creating REGA Risk Sharing platform where everyone could unite in groups to protect each other. As REGA Platform has fundamental differences with conventional insurance in foundations, rules and philosophy, we introduce new term “Crowdsurance”.
Crowdsurance is the community of individuals shared their risks with each other. Crowdsurance inseparably connected with blockchain, decentralization and cryptocurrency.
The REGA Risk Sharing platform is a set of insurance services against various risks. The platform also includes risk management (scoring models, control of reserves and a voting mechanism for the tokenholders) and insurance reserves (pools) from which payments are made in case of an insured event. There is also a fraud prevention add-on. REGA has announced 5 separate insurance products and services: Lexi Club (Pet); Gadget protection (Gadget); Parametric crowdsurance (Parametric); Car protection - (Car); Property protection (Property) and Health crowdsurance (Health).
Lexi Club launched in US
Lexi Club launched in EU
New Products Added To The Range
REGA Car Protection launched in EU.
Attention. There is a risk that unverified members are not actually members of the team
$8 296 723
REGA is a decentralized insurance marketplace that seeks to solve some of the problems with centralized insurance systems. The company aims to provide cheaper, more effective insurance through the use of “Crowdsurance” pools. Those pools are built on cascading smart contracts built on the blockchain. A pool can choose to accept new members, then issue automated payments in the event of a claim.
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