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RE: World’s First Blockchain Insurance Marketplace To Launch Ambitious ICO

in #cryptocurrency7 years ago (edited)

How are insurance products going to be traded? I find this one hard to envision if it is targeting gross profits from insurance companies. Most companies must keep their premium allocated to accounts heavily regulated... mostly regarding the life insurance policy premiums. Though this is the bread and butter of all insurance companies, and they like to keep it to themselves.

Most insurance companies run their own mutual funds with these proceeds and earn their money and interest there. Upvoted and following to see how this plays out. cheers