There have been things that happened for Inmediate in 2019, and we are trying to continue innovating it this 2020.
Our business has shifted from using Zilliqa Blockchain to being Blockchain agnostic, building on Ethereum, Hyperledger and Corda R3.
We have also harnessed the power of artificial intelligence, NLP and distributed ledger so that we can provide the insurance industry with a processing feature that is fast, cheap and flexible. It makes for better processes, lower costs, improved time to market and new revenue opportunities.
In 2019, we have tapped the expertise of former MSIG Singapore CEO Michael Gourlay to join us as an independent non-executive director and advisor.
Inmediate has evolved into an insurtech startup that offers a wide range of ecosystems to meet every type of need for all insurance process participants.
Most of the participants in this insurance ecosystem are (re-)insurers, MGA’s, intermediaries, service providers, administrators, underwriters, authorities, other insurance professionals and also more distant participants such as banks.
The ecosystems that we have created are designed and built around blockchain-based assets, data, and processes.
We are now offering 3 services that allow us to build processes that are refined, cost very little and provide total peace of mind.
And these are Consultation and Design, i-Nodes and i-365.
1. Consult & Design
We support our clients in building new products and services in a way that allows them to be efficiently managed, fluently and elegantly in realtime.
2. Network: i-Nodes
With i-Nodes, we provide ledger and node connections and interfaces for all ecosystem participants in shared industry solutions. We provide notary services and manage data and governance standards and services.
3. Solution: i-365
i-365 is a subscription-based service whereby all an insurer needs is an internet connection to access controls and dashboards.
We operate the entire ecosystem, with you at the controls. We take care of capacity, security, speed, and reliability.
This 2020, we still try to continue on innovating Inmediate and still support our own native token which is the Digital Insurance Token or DIT.
In case you do not know, DIT tokens allow insurers and other participants on the network to pay network and other fees or to reward customers for loyalty.
Under certain conditions, customers can also use DIT to pay premiums based on what has been provided for in the relevant insurance contract.
Our DIT tokens are listed and can be acquired, sold and traded at the HitBTC Exchange. And as we move towards the future, rest assured that Inmediate will be here trying to do what we do best, and that is innovating the insurance industry for the future.