Description
iCover is an innovative web3 and blockchain platform revolutionizing the insurance sector by merging decentralized finance (DeFi) with insurance services. It enables users to purchase and manage various insurance policies, including health, life, and asset insurance, through blockchain. This ensures enhanced transparency, security, and efficiency. Leveraging smart contracts, iCover automates and expedites the claims process, reducing potential disputes and processing times. It stands out as the first InsurTech platform to offer "plug and play" algorithmic underwriting, incorporating proprietary underwriting frameworks and patent-pending QUI™ technology. This allows for rapid quoting, underwriting, and policy issuance within 5 minutes, utilizing both medical and non-medical data. Founded by industry veterans Hari Srinivasan and Nicole Mwesigwa, with over 30 years of experience, iCover brings a new level of accessibility, user-friendliness, and integration between traditional insurance models and the digital economy, positioning it at the forefront of the web3 evolution in the insurance industry.
iCover is an innovative web3 and blockchain platform revolutionizing the insurance sector by merging decentralized finance (DeFi) with insurance services. It enables users to purchase and manage various insurance policies, including health, life, and asset insurance, through blockchain. This ensures enhanced transparency, security, and efficiency. Leveraging smart contracts, iCover automates and expedites the claims process, reducing potential disputes and processing times. It stands out as the first InsurTech platform to offer "plug and play" algorithmic underwriting, incorporating proprietary underwriting frameworks and patent-pending QUI™ technology. This allows for rapid quoting, underwriting, and policy issuance within 5 minutes, utilizing both medical and non-medical data. Founded by industry veterans Hari Srinivasan and Nicole Mwesigwa, with over 30 years of experience, iCover brings a new level of accessibility, user-friendliness, and integration between traditional insurance models and the digital economy, positioning it at the forefront of the web3 evolution in the insurance industry.
