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Black Insurance Logo

Black Insurance (BLCK)

Trust ScoreB

Marketplace for insurance brokers and investors

Marketplace for insurance brokers and investors on blockchain. Insurance is broken: it's expensive, complicated and slow to meet customer needs. It's because all decisions are made by a handful of people in a small number of big insurance companies, riddled with bureaucracy. Our platform connects brokers directly with investors, enabling brokers to launch their own virtual insurance companies and products, and creating a new investment asset for investors.

  • Category Finance
  • Websitewww.black.insure
  • Project Type Token
  • White PaperOpenOpen White Paper
  • PlatformEthereum Ethereum
  • Bitcoin TalkOpenOpen Bitcoin Talk
  • Jurisdiction Estonia
Start Date
October 1st 2018 09:00 UTC
LDays
IHours
VMins
ESecs
End Date
October 31st 2018 12:00 UTC
- -Days
- -Hours
- -Mins
- -Secs
Restricted Countries
United States
Tokens for sale
25,000,000

Team

Risto Rossar photo
Risto Rossar
Founder
Risto is the founder of Black and his role is to develop the idea further including mentoring of all team members as well as finding cooperation partners for Black through his extensive network in insurance space.
Bundeep Rangar photo
Bundeep Rangar
Co-Founder
Bundeep is an entrepreneur with more than 21 years' experience in financial services, technology and media. He has invested in, advised or incubated a number of companies in the UK, Canada and India. He holds founding CEO roles in PremFina, IXL Holdings, and SME lending.
Chris Williams photo
Chris Williams
CTO and Blockchain Solution Architect
Chris together with team of developers is building our product. He has worked as a Senior Solution Architect at insurance companies, AIG and MetLife. While working at IBM as a Blockchain Consultant, he has built private blockchain solutions for insurance companies.
Mart Parve photo
Mart Parve
Chief Operating Officer
Mart makes sure that all operations run smoothly, so the entire team can most effectively contribute to Black's success. A life-long technology aficionado, he has managerial background in insurance technology and information security, and holds an MSc in Economics from the Catholic University of Leuven.
Liina Laas-Billson photo
Liina Laas-Billson
Business Development Officer
Liina will make sure that the vision and growth of the Black Foundation is on track. Founding Member of the Board and General Manager of the Estonian Cryptocurrency Association and also worked with many blockchain FinTech startups on marketing and sales strategies, her mission is to revolutionise insurance through blockchain tech.
Peep Paum photo
Peep Paum
Product Manager
Peep believes that the blockchain technology will eventually change the ways and logics how businesses operates today. He has been lucky enough to participate in various technology projects for almost ten years. Peep was one of the original co-founders startup called Indoor.Ninja and ICO campaign platform called CrowdCoinage.
Triinu Murumäe photo
Triinu Murumäe
Marketing Manager
Triinu is a skilled marketing manager with a good eye for growth. She takes care of all our marketing activities. She has more than 10 years experience in insurance technology as a business developer and being responsible for insurance startup marketing she has very good know-how how to succeed.

Advisors

Black Insurance Token Distribution

  • Investors25,000,000 BLCK67.00%
  • Team7,089,552 BLCK19.00%
  • Reserve3,731,343 BLCK10.00%
  • Advisors1,119,402 BLCK3.00%
  • Bounty373,134 BLCK1.00%

Milestones

  • Q1 2018

    Prototype, Platform tech demo using Fabric+Composer

  • Q2 2018

    Whitepaper, Released to Public

  • Q2 2018

    MVP, Demo ready for Investors

  • Q2 2018

    ICO, Black DAO launched on Ethereum

  • Q3 2018

    Alpha, Platform accepting first Users

  • Q4 2018

    ICO

  • Q1 2019

    BLCK token listed on exchange(s)

  • Q1 2019

    First Syndicate management agreement signed

  • Q3 2019

    Beta, Platform ready for pilot projects

  • Q4 2019

    First insurance policy sold

Questions

Why is your company going to succeed?

"Black is currently the only blockchain / insurance startup addressing the biggest and still most wasteful part of the insurance industry: creating and capitalizing insurance products. All insurance products in the world need to be created and capitalized, and currently it can only be done through centralized, wasteful and slow insurance incumbents. We are adding a third option.
Most other blockchain based insurance startups are either addressing one particular product line, or one small, often relatively insignificant part in the insurance value chain. Black works with any insurance product, and with the biggest and most important part of the value chain."