Black.Insure is a configurable Insurance Ecosystem (Risk Platform-as-a-Service) allowing Insurance players e.g., Insurers or MGAs (Managing General Agents) to create and manage their risk portfolio, process claims, generate insurance premiums and underwrite real-time via machine learning in a flexible way by feeding in historic and behaviorial data.
As ecosystems started accounting for more and more percent of the global revenue, Black.Insure is creating opportunities that have the potential to realign global markets, thus creating an era of “insurance services without borders”.
Create, model, and underwrite risks in real time. Flexible, no code basis and dynamic algorithms, the portal also enables continuous & real time risk intelligence severity assessments.
Quotes, creation, management and administration including 360 risk view of insurance policies, claims and customers.
A portal for the re-insurers to manage risk transfer, and capital management solutions to help reduce volatility and build more resiliency.
Setup & manage end to end back-office claims workflow, assessment, management, and administration. Also includes dynamic claims fraud detection, real time integration into underwriting, and smart contracts payout where applicable & configured.
Setup and manage Insurance risk portfolio of funders and funding sources. Access new sources of capital and optimise their risk transfer strategies to increase resilience.
Manage and administer the financing of annual insurance premiums & loan administration
Consumers are increasingly wanting not only to manage all their insurance needs in one place, but also a flexible way of switching 'ON' & 'OFF' insurances; and consume as a subscription model. Black.Insure gives this flexibility by pricing risks in real time based on various data points.
Through decentralisation of the risk data, 'Peer Review' is achieved which is a critical part as the insurance data is critical to form the basis of underwriting and risk management.
The architecture of Black.Insure is a microservice based architecture thus making the platform not only scalable; but also efficient for businesses who just need a particular piece of risk functionality.
Convenient, mobile solution designed for insurance subscription products. Consolidates all insurances in one regular subscription (Netflix style) and gives consumers personalised pricing and offers.
Fast go-to-market with Plug & Play capabilities and no capital investment. Pay monthly for only what is used within the platform.
Underwrite, Risk Pricing (Quotes)
Risk Creation, Modelling & Portfolio Management
Claims Handling and Processing
Risk Intelligence, Monitoring & Reporting
Underwrite and Modelling all Risks
Managing General Agents
All Insurance brokers
360 Risk view of policies
Cloud based InsurTech platform for managing risk portfolio end to end in real time.
Digital cloud based portal for managing all MGA operations for specialised underwriting capacity and policy management.
Digital Cloud based portal for creating, managing and administering policies and claims in real time
An app based journey for quick and efficient customer experience; along with a web based real time access to 360 portal.
A dynamic team from various backgrounds within Tech, Blockchain, Insurance, Finance, Legal, Compliance, Investment & Marketing
We are looking for a seasoned insurance executive to join us in our Tallinn, Estonia office, and help us conquer...
Read More
Insurance, to be fair for most, is incredibly dull. But it is one of the things that makes the Western world go round...
Read More
Black is pleased to announce that we've just closed a new funding round, taking us a big step closer to bringing...
Read More
