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RiskStream Collaborative

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Overview

RiskStream Collaborative is a consortium of insurance companies that is focused on developing and implementing blockchain-based solutions for the insurance industry. While not a direct provider of parametric insurance, their work is highly relevant to the space. They are developing applications that can be used to create more efficient and transparent parametric insurance products, particularly in areas such as proof of insurance, first notice of loss, and claims processing. Their goal is to leverage the power of blockchain to improve the entire insurance value chain.

✨ Key Features

  • Consortium of insurance companies
  • Development of blockchain-based solutions for the insurance industry
  • Applications for parametric insurance
  • Focus on improving efficiency and transparency
  • Collaborative approach to innovation

🎯 Key Differentiators

  • Strong backing from a large number of major insurance companies
  • Focus on developing practical, real-world applications
  • Collaborative and industry-led approach

Unique Value: Drives innovation and efficiency in the insurance industry by developing and implementing collaborative, blockchain-based solutions, including applications that can enhance the value of parametric insurance.

🎯 Use Cases (3)

Creating a more efficient process for verifying proof of insurance Streamlining the first notice of loss process for parametric claims Using smart contracts to automate parametric insurance payouts

✅ Best For

  • Development of various blockchain-based applications for the insurance industry

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Direct provision of insurance coverage to consumers or businesses

🏆 Alternatives

Other blockchain consortia in the insurance industry

RiskStream's industry-led and collaborative approach gives them a unique advantage in developing solutions that are widely adopted and beneficial to the entire insurance ecosystem.

💻 Platforms

Blockchain

🛟 Support Options

  • ✓ Email Support
  • ✓ Phone Support
  • ✓ Dedicated Support (Member tier)

🔒 Compliance & Security

✓ GDPR ✓ SSO

💰 Pricing

Contact for pricing

Free tier: NA

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