Insurra
An insurer can drastically reduce the operational cost involved in collecting & storing documents and processing claims.
Industry
  • Insurance
Use cases
  • Decentralized Storage
  • DeFi
  • Reconciliation
Solution Overview

A blockchain-based solution that uses smart contracts, artificial intelligence and mobile applications to automate the insurance process A solution designed specifically for all blockchains, it helps the insurance process with the help of dedicated mobile applications, artificial intelligence and smart contracts. Of course, Insurra's design takes into account the weak links in the insurance industry. Therefore, main goal for Insurra is to minimize paperwork by allowing the insured to upload files through a mobile application. Insurra has been used to intelligently formulate the smart contract of the insurance agreement reached between the insurer and the insured. The smart contract is then coded to run automatically when specified conditions are met, in the event of a claim, the occurrence of a predefined event, and automatic verification of the claim. With Insurra, insurance companies can significantly reduce the operating costs involved in collecting and storing documents and processing claims. By providing an autonomous claims payment system, insurance companies can easily distinguish themselves from their competitors. After all, blockchain in the insurance industry is very important to insurance companies because it allows them to better serve the market by saving time, reducing costs, and complying with strict regulations. For the aforementioned companies, there are many benefits to implementing blockchain in the insurance industry so that they can operate in a highly competitive market. Thanks to the most prominent online experience, one can expect to maintain the most censored value for money in the insurance industry via blockchain. All of this can be done with our cleverly designed Insurra.

Solution Benefits
  • Smart Contracts, once created, can’t be altered.
  • All the details are securely stored and can be referred anytime in the future.
  • The solution itself validates the uploaded information against the Smart Contract.
Key Features
  • Smart Contracts
  • Flight Data
  • Mobile App
Trial
  • Yes
Company Information
Headquarter
  • Dubai Office
Tech
  • AI
Founder
  • Ondrej Gazda
Price Range
  • Undisclosed
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