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Very good idea, and good initiative. Every insurance company has a very big team to make sure the insurers don’t get his clamed money. But how you are going to monatize it and get money?

Your idea is good but what is your business point

Insurance companies are already a middle person between customer and the other party in cases like health and car insurance. Don't u think u adding to this network will only make it more complicated?

Many companies are already exploring Web3-based insurance solutions, blockchain-powered claims processing, and smart contract automation in the insurance sector. Some examples include: 1. Lemonade – Uses AI and blockchain to process claims instantly. 2. Etherisc – A decentralized insurance protocol leveraging blockchain for automated claims. 3. Nexus Mutual – Provides smart contract-based insurance coverage. 4. B3i (Blockchain Insurance Industry Initiative) – A consortium of insurance companies using blockchain for claims management. Do you have any USP?

Suggestions are highly appreciated. Open for explanation and talks. Requesting everyone to drop your questions and upvote the idea, if you like it.💡 Thank you