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We build insurance blockchain solutions: parametric insurance claims, fraud detection, reinsurance settlement, and certificate of insurance verification.
Insurance blockchain solutions: Parametric insurance claims — smart contracts pay automatically on oracle trigger (NOAA weather, flight data, earthquake sensor), fraud detection — cross-carrier claim history prevents duplicate claims, reinsurance settlement — shared ledger between cedant and reinsurer (30–90 days → hou...
Common integrations: The Graph, Alchemy/Infura, OpenZeppelin Defender, and popular wallet providers.
Clarify requirements, compliance needs, architecture risks, and launch goals.
Implement core contracts, integrations, product flows, tests, and deployment automation.
Run QA, prepare audit handoff, deploy infrastructure, and support production rollout.
Parametric insurance pays a defined amount when a measurable trigger event occurs — regardless of actual loss. Blockchain smart contracts make parametric insurance commercially scalable by automating the trigger verification (via oracle) and the payment execution — eliminating the manual steps that make parametric products uneconomical for small ticket sizes.
Yes, in specific claim types. A shared industry blockchain for claim history (opt-in between participating insurers) detects duplicate claims across carriers. An immutable provider record (for health insurance) detects billing fraud by comparing billed services against documented encounters. The fraud reduction ROI varies by line of business.
Schedule a discovery call and receive a tailored scope and estimate. No commitment required.