UnoRe

UnoRe will be the world’s first reinsurance trading platform powered by Polkadot. We will allow the community to invest and achieve sizable returns from one of the safest asset classes in the world. The platform will remove barriers to entry for investors with regard to capital and regulations, while also encouraging the people to take part in the process of insurance and reinsurance.

Reinsurance is the process of one entity (the reinsurer) taking on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment.

Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim.

The option to trade in this highly profitable risk trading is currently controlled by a few large corporations.