Contact Info
ElMarwa New Buildings, Building 1, 11th Floor, Apt 1103.
Cairo,Heliopolis,Ahmed Tayseer Street
info@valoro.xyz

Insurance

Welcome to the future of insurance

Blockchain Benefits

Blockchain Improve the security and management of data.Reduce regulatory compliance costs, removing the risk of a single point of failure

Workflow Automation

Smart contracts allows unified data standards to apply the information recorded on the blockchain through a set of programmable instructions designed to automatically facilitate, enforce and verify the execution of a created agreement
 

User Data management

Blockchain technology simplifies the management of trusted information, making it easier to access and use critical data while maintaining the security of this information
 

Paper work

eliminating the need of complex paper chains that prevent transparency, compliance and accurate exposure management. and preventing relying on significant duplication of information across multiple parties, particularly regarding risk, exposure and premiums
 

KYC Process

The immutability and transparency of blockchain provides a streamlined way for financial institutions to gain swift and secure access to clean and up-to-date customer data.
 

Fraud detection

Blockchain, or distributed ledger technology, uses advanced cryptographic techniques to create a secure ledger of information that prevents the unauthorized modification, addition or removal of data.
 

Trust

The distributed ledger Supports complete privacy and security within a larger network, and provides the ability for only the relative parties to participant in the transaction.
 

Use Case 1 : Insurance

Overview

Despite the evolution of the inscarnce over the past years many consumers still call insurance brokers by phone to purchase new policies. Policies are often processed on paper contracts, which means claims and payments are error-prone and often require human supervision,now blockchain offers significant advantages by using advanced cryptographic techniques to create a secure ledger of information that prevents the unauthorized modification, addition or removal of data
 

Micro-insurance.

Blockchain technology makes it easier for people to share risk within a smaller community and seek insurance for specific and narrow uses.

Risk-prevention

By providing a more transparent reputation history, and a complete record of transactions on the network, blockchain can help companies evaluate new partners and the veracity of insurance claims.

 

On- Demand Insurance/Risk sharing

Sometimes you just need insurance for a short burst, or a particular life event. This could be done using distributed risk-sharing policies, restructure risk assessment, and give people more custom insurance options.