Sagittae offers P2P Financial Protection

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Sagittae offers P2P financial protection based on blockchain technology

  • Sagittae’s vision is to create a system that allows people to organize their own financial protection, at a fair price
  • The P2P schemes can function completely autonomously but do often need outside services such as claims handling, loss control etc
  • insurers and reinsurers can join and add value by providing excess of loss or stop loss coverage to P2P schemes
  • Amsterdam-based Sagittae will launch its beta version of the IT platform by October 2018 and look to sign up its first service providers with the help of partner Nessa Hearing and Tigas Alliance
  • They targets to have 1.5 million users on its platform and 4,000 active service providers by December 2020