Audience
Crypto holders and investors looking for a decentralized P2P insurance marketplace to secure their digital assets
About Insured Finance
A decentralized P2P insurance marketplace with easy claims and instant payouts. Underpinned by the Polygon network, Insured Finance is a P2P insurance marketplace. Market participants can easily request or provide coverage on a wide variety of cryptocurrency assets. Claims are fully collateralized and payouts are instant. Protect against bugs and smart contract exploits. Tens of millions in USD value has evaporated at the hands of smart contract attacks. Insured Finance users can protect against such events. Hundreds of million in USD value has been lost due to exchange hacks. Insured Finance users can insure their holdings on a cryptocurrency exchange. If the exchange is hacked or experiences bankruptcy, users with coverage are compensated. The stablecoin market has grown to over $25 billion. Stablecoins remain exposed to a variety of risks like security lapses and issuer bankruptcy. Insured Finance users can protect against stablecoin failure.
Other Popular Alternatives & Related Software
PolkaInsure Finance
A decentralized P2P insurance marketplace on Polkadot ecosystem. The marketplace is run entirely by Defi users in the Polkadot Ecosystem, and users who join will get the PIS governance token. Any user can request insurance and anyone can provide coverage. Polkainsure will be migrated to a Polkadot parachain when the product development is finished. PIS token is currently issued on Ethereum because there is high trading demand. You could buy coverage on PolkaInsure without having to do KYC. PolkaInsure smart contracts will be audited, deployed and verified on the Polkadot blockchain. Claims are handled by smart contract code which ensures that payouts are instant and insurance contracts are fully collateralized. Built-in integrations for assets like DOT and ERC-20s, and infrastructure services like Chainlink and TheGraph. We just launch our products on Moonbeam testnet, the smart contract parachain on Polkadot Network. This is the initial step for Shield Mining on Polkadot.
Learn more about PolkaInsure Finance
Tidal Finance
Tidal Finance is a project to establish a decentralized insurance marketplace in DeFi space to connect insurance sellers and buyers to cover smart contract hacks risk. Tidal offers the functionality to create custom insurance pools for one or more protocols. The main objective of the platform is to maximize capital efficiency and return to attract reserve providers while offering competitive insurance premiums to attract buyers. As DeFi becomes mainstream, individuals and institutions need assurances that their investment of value into these new protocols are protected. As with any new technology, smart contracts are susceptible to hacks and manipulations. In order to increase the adoption of DeFi instruments, confidence in these protocols must be increased. Tidal solves this problem in a way that is economically attractive to users of DeFi protocols, transparent, profitable for s, decentralized, and scalable.
Learn more about Tidal Finance
Neptune Mutual
One of the most reliable insurance protocols in the DeFi space is Neptune Mutual. A decentralized parametric insurance protocol that protects DeFi against hacks and exploits. Neptune Mutual provides guaranteed payouts on their dedicated cover pools. Users do not need to submit individual claims. Upon the resolution of the incident, all the policyholders will receive the payouts. The whole process will only take a week, making the process faster and much more reliable.
Learn more about Neptune Mutual
Etherisc
Select your crop and the location of your field. Automated payouts are triggered by drought or flood events reported by government agencies. First decentralized insurance. Payouts are automatic and almost instant. Now fully licensed. Designed for low-income individuals and small business owners. Instant payouts are triggered by wind speed registered by weather-stations within 30 mile radius from insured’s permanent location. Protection against risk of theft and attacks of hackers on wallet smart contracts. Affordable, accessible protection against risk of death or heavy illness of a community member. Immediate emergency payment which helps to get through critical times.
Learn more about Etherisc
Integrations
Company Information
Insured
Founded: 2020
insured.finance/
Videos and Screen Captures
Other Useful Business Software
Paessler: Easy to Use With Enterprise Power. Free Trial
You shouldn't have to choose between a monitoring tool that's easy to use and one that's powerful enough for a complex environment. PRTG's low-code interface lets any admin build dashboards, set alerts and monitor devices without scripting, while custom sensors and full API access are there when your team needs deeper control. One platform, no compromise. Download a free 30-day trial now.
Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Support
Online
Insured Finance Frequently Asked Questions
Q: What kinds of users and organization types does Insured Finance work with?
Insured Finance works with these users and organization types: Mid Size Business, Small Business, Enterprise, Freelance, Nonprofit, Government, and Startup.
Q: What languages does Insured Finance support in their product?
Insured Finance supports these languages: English.
Q: What kind of support options does Insured Finance offer?
Insured Finance offers support via online.
Q: What other applications or services does Insured Finance integrate with?
Insured Finance integrates with: Polygon and Telegram.
Q: Does Insured Finance have a mobile app?
Yes, Insured Finance has a mobile app for iPhone, Android, and iPad.
Q: What type of training does Insured Finance provide?
Insured Finance provides training in the form of documentation.
