The first Blockchain based insurance company

PreSale 1st phase

5'000'000 INSC

distributed

Last update June 25, 20:12 UTC

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What is InsCoin for Knox?

The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies.The insurance policies issued by Knox Insurance will be both in traditional paper form and in the form of smart contracts, allowing the customer to monitor their policies in real time, in full transparency and safety. Thanks to the platform developed by knox insurance, the policies will evolve to become fully automated and eliminate any possibility of conflict of interest between the parties involved.

Bermuda

Lisbona

Dubai

Insurance companies will be establishedin Lisbon, Dubai and the Bermuda Islands, to allow Knox insurance to operate indifferent legislations and allow a token economy on a global scale. 

Our Vision

TRANSPARENCY

We will innovate in the process of issuing policies, as well as in the process of settling claims.

ASSURANCE

We assure our customers of the authenticity of the policy using Blockchain technology. In the same way, we reduce the circulation of "fake policies" to zero.

EFFICENCY

Automated business processes with a positiveimpact on Solvency II.

Advantages of InsCoin

Customers

  • The Smart Contract prevents the diffusion of fraudulent insurance policies because it is the same system that will issue them after receiving payment.

  • The customer has total control of the insurance policy written on the Blockchain, controllable by anyone and at any time.

  • The customer, through the WEB and Mobile platform, can access all the company's services and verify its policies.

Insurance Company

  • With Smart Contract, there will be no delay in premium collection, which will significantly improve the company's cash flow.

  • Thanks to Blockchain technology, a fraudulent policy can never be attributed to companies.

  • Blockchain technology improves operational processes and ensures a totally unassailable security system.

Brokers

  • Increase credibility with policy holders and beneficiaries.

  • Instant check of your administration report.

  • Instant commission assignment.

Papers

Lightpaper

Business Plan

Open

DEMO
How it works on the
Blockchain

InsCoin for Knox is a project that aims to revolutionize the insurance business by exploiting the potential of Blockchain.For this purpose we have developed aDemo, which shows the main functionality - the issuance of a policy in blockchain - of our future insurance platform.All this to demonstrate the realizability of the project. Of course, this is a demo and does not have all the features that our platform will have.With this Demo the user can compile the form of a Bid Bond and see how this information will be registered FOREVER on the Blockchain, in the form of a "Smart Policy". We recommend that you compile the format with exemplary data, as this is a simple demonstration.DOES NOT HAVE ANY LEGAL VALUE.

Deflation Plan: how the value of the token will increase

The main components of InsCoin

InsCoin's deflationary plan aims to encourage a constant increase in the value of the token. As the companies' turnover increases, the demand for tokens on the market increases proportionally and, consequently, the value of INSC. The deflation plan provides for a controlled reduction of the current supply (Number of tokens on the market) which will be applied by blocking, through a smart contract, the percentage of the insurance premium paid in tokens.

Increase of turnover

Insurance companies will increase their turnover year by year thanks to the progressive expansion in the various markets.

Increased demand

As the INSC will be used to purchase insurance policies, as the companies' turnover increases, so will the demand for the INSC.

Reduction of the circulating supply

Because we will block all the tokens we receive from the sale of insurance policies for one year, the current supply will decrease significantly in time.

Price increase

Reducing the current supply will reduce the supply on the market and consequently, with increasing demand, the price will inevitably increase.

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Consequences of the Deflation Plan

Considering the forecast turnover of the Business plan and blocking the market cap to 15 million, we can estimate the effects that the deflationary plan will have in the first year of work of the insurance companies.

The current supply will decrease up to a maximum of 47%.

The price could increase up to a maximum of 84% just as a result of our token economy.

This data has been calculated assuming that it is only we who will buy InsCoins on the market.More than prudent calculation.

Media & videos

from the latest

23 October 2018

Incoming news

09 July 2018

Let's keep in touch! 🌍

28 June 2018

The re-evolution of risk management.

26 June 2018

🚀🔥FIRST PHASE COMPLETED!!!🔥🚀

24 June 2018

🚀2.500.000 distribution milestone reached!!🚀

23 June 2018

🚀INSCOIN for Knox and Sidera🚀

22 June 2018

🚀 Updates on the First 12 hours of INSC distribution! 🚀

22 June 2018

5 Reasons to invest in INSCoin for Knox!

21 June 2018

🔥🌍PRE-ICO DETAILS UPDATE🌍🔥

20 June 2018

Gotta Catch’em all!

19 June 2018

🌍🚀Announcing INSCoin for Knox BOUNTY PROGRAM!🚀🌍

15 June 2018

🚀 ICO TOKEN SALE DETAILS🚀

10 June 2018

🔥INSCoin for Knox Partnership Updates🔥

08 June 2018

🌍 INSCoin for KNOX update ‘’ICORACE’’ 🌍

15 May 2018

🚀Announcing the 1st Blockchain based insurance company [ICO]🚀

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InsCoin for Knox Project ICO

Deflation Plan explained

Ratings

InsCoin for Knox Project ICO rating
InsCoin for Knox Project ICO rating
InsCoin for Knox project score on Foundico.com
 InsCoin for Knox Project

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Token Sale

Sale Details

A

PreSale 1st phase

23/06 - 30/06 2018
1 INSC = 0.0002 ETH
Cap 1000 ETH
Bonus 30%

B

PreSale 2nd phase

TBA
1 INSC = 0.07 USD
Cap 2'000'000 USD
Bonus 27.5%*
*for >5k USD investments

C

PreSale 3rd phase

TBA
1 INSC = 0.07 USD
Cap 2'850'000 USD
Bonus 25%*
*for >5k USD investments

A

Token Sale

TBA
1 INSC = 0.07 USD
Cap 10'000'000 USD
Bonus 20%*
*for >5k USD investments

Token Allocation

52.75% - Token Sale

15% - Broker wholesaler

10% - Team e advisors

10% - Affiliazioni di nuovi Broker

9% - 3 compagnie

2% - Bounty e airdrop

1.25% - Compensazione 1ª fase

Milestone

4'000'000 USD

  • Establishment of the insurance company in Bermuda.

  • Development of the customer platform.

  • Listing of the token on various exchanges.

11'000'000 USD

  • Establishment of the Insurance Company in Portugal.

  • Development of the mobile platform.

  • Licence application for electronic money.

15'000'000 USD

  • Establishment of the Insurance Company in the United Arab Emirates (Dubai).

  • Extension of the commercial network.

  • Listing of the token on other exchanges.

We already have the internal platform for company management (certified and capitalized).

We already have the certified Business Plan, ready to be capitalized.

We already have a network of brokers ready to work with us (+300).

Roadmap

1

March 2017

Study project realization
Team Building Establishment of the first collaborative network

2

May 2017

Forecast Business plan
Legal consulting 
Invested €150.000

3

July 2017

IT insurance licensed platform
Invested €300.000 for certified insurance platform

4

October 2017

Insurance partnerships
Partnership with more than 300 insurance brokers ready to work with the companies

5

June 2018 - January 2019

Token Sale
Start of the Token Sale

6

Q1 2019

Trade inscoin on the main exchanges
InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of the companies and proper volumes compared to our income.

7

Q1 2019

Compliance to obtain insurance license
We will obtain authorizations from official authorities of the three nations to provide legal insurance service.

8

Q2 2019

Introduction of internal platform
With it the customer will be able to access its policy via smart contract.

9

Q3 2019

Smart contract in the insurance business
The smart contract will be more and more protagonist of the insurance industry

Executive Team

Agostino R. Luongo

Agostino R. Luongo

Chief Executive Officer

Anna M. Calcagni

Anna M. Calcagni

Chief Financial Officer

Simone Trifiletti

Simone Trifiletti

Chief Operating Officer

Gennaro Scalise

Gennaro Scalise

Insurance Network Specialist

Giuseppe Stabile

Giuseppe Stabile

CHRO & CBDO

Alessandro Preti

Alessandro Preti

Marketing & Communication

Giuseppe Luongo

Giuseppe Luongo

Founder

Andrea Mancini

Andrea Mancini

Chief Marketing Officer

Team

Silvio Papa

Silvio Papa

Developer

Francesco Saraco

Francesco Saraco

Developer

Simone Stella

Simone Stella

Web Developer

Mario Moschetta

Mario Moschetta

Human Resources

Francesco Di Luzio

Francesco Di Luzio

Support & Communication

Riccardo Milani

Support & Communication

Enzo Monesi

Enzo Monesi

Support & Communication

Stefano Marozzi

Stefano Marozzi

Support & Communication

Advisors

Lucrezia Cosentino

Lucrezia Cosentino

Klemen Stibilj

Klemen Stibilj

Partners

Legal Advisor