REGA Risk Sharing is a decentralized insurance platform on Ethereum blockchain. The most viable solution on the market to disrupt insurance industry with Blockchain technology. Working product LEXICLUB. Venture capital backed.
It is time to reinvent insurance. Let us introduce you Crowdsurance.
We all heard about shared economy: people sharing cars, home, bikes, even wi-fi. But why can’t we share our risks and protect each other without insurance companies. We have to pay lots of money because only insurance companies have algorithms for risk assessment, technology and resources.
Leveraging our 20 years experience in risk assessment and scoring we are creating REGA Risk Sharing platform where everyone could unite in groups to protect each other. As REGA Platform has fundamental differences with conventional insurance in foundations, rules and philosophy, we introduce new term “Crowdsurance”.
Crowdsurance is the community of individuals shared their risks with each other. Crowdsurance inseparably connected with blockchain, decentralization and cryptocurrency.
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The REGA Risk Sharing platform prototype is redesigned and improved. Claim processing updated to include the token holders voting. REGA smart contract factory is created in blockchain layer. Lexi Club Pet Crowdsurance implemented on US and EU markets. Scoring model adjusted based on current cases statictic.
2
25,000 ETH
REGA Risk Sharing Platform developed and available to 3rd party developers. The platform is open source. REGA gadget protection product to include Apple devices in the program. Start sale the gadget protection in US/EU markets. REGA Super Pool is capitalized and can facility reinsurance to the 3rd party products.
3
75,000 ETH
REGA Risk Sharing platform includes new API for parametric, car and property Crowdsurance. Products range is extended to include car and property Crowdsurance. Drone Crowdsurance products implemented. REGA Super Pool recapitalized to withhold new product risks. Scoring model adjusted based on current cases statictic.
4
100,000 ETH
REGA Risk Sharing platform includes new API for the personal health Crowdsurance. Personal health Crowdsurance is added to the product range. Service part for the health insurance is added to the Platform. Additional capital provided to the Super pool.