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About

Ensuro wants to be the first decentralized, fully licensed insurer, bringing the DeFi revolution one step ahead. Ensuro will allow everyone to participate in its liquidity pools based on their desired amount of resources and time. This capital will back up insurance products, creating a stream of revenues for liquidity providers. Ensuro collects capital from Liquidity Providers, both retail and institutional, through a Liquidity Pool governed by smart contracts. This capital, collected in the form of cryptographic stablecoins, provides underwriting capacity for Insurtech companies operating in the parametric insurance space. The capital collected in the Liquidity Pool is reinvested into Decentralized Finance Protocols such as AAVE and Compound. These protocols offer low risk due to overcollateralized loans, high liquidity, and greater returns on investment than traditional risk-free assets.

About

InsurAce.io is a leading decentralized multi-chain insurance protocol that provides reliable, robust and secure insurance services to DeFi users, allowing them to protect their investment funds against various risks. We respect the DeFi insurance pioneers that paved the way before us and do not think of ourselves as competitors to the existing players, but rather a company filling a necessary complementary role in the immense and expansive DeFi world. InsurAce.io reduces the premium for the insurance product by design. Our team designs portfolio-centric products to embrace risk diversification. We have also developed unique pricing models to optimize the cover cost, leveraging our advisors’ expertise in the insurance domain. Furthermore, the investment utilities complement the cover cost to offer ultra-low premiums, which are close to zero at their best.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone looking for a decentralized capital solution for Insurance

Audience

Crypto holders that need and insurance platform for their crypto

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.8 / 5
support 4.6 / 5

Pros & Cons from Real Users

Pros

  • I think it is incredible that with such a fantastic job these guys are doing, they are still people not using their services. We hear every time hacks, scams, and stablecoin de-pegs (yes, I was a UST crash victim), but what are we doing to avoid this? Unfortunately, I didn't have coverage with them when the Terra collapse happened, but I chatted with one of their members and I didn't doubt becoming a user as soon as possible. Believe in them, believe in the security, believe in Defi.
  • Protected users against losses in Terra ecosystem collapse. No KYC, and very good UI / UX to help a swift and easy purchase process. Also great value defi cover relative to other competitors in the market.
  • Pays out in stables, sometimes a mix. Can see them making big improvements by the looks of their Telegram and Discord.
  • Easy purchasing experience, conservatively underwritten, great prices. (on many different networks ETH, AVAX, Matic, BSC so its easy to access).
  • Professional doxxed team. Unique approach to defi insurance. Unique protocols offered. Track record with $12 million UST de-peg payout.

Cons

  • I think they should do more interviews, chats, conferences, etc., to be better known worldwide. Also, maybe implement an easier claim process.
  • Cover wording and documentation is a little bit ambiguous at times but I think that's being fixed soon.
  • Maybe just need to update their website design. You get some minor technical issues sometimes but they respond and fix them quite fast.
  • Sometimes they are sold out of cover I want to purchase.
  • I think things could be moving faster and the community needs to grow. New tokenomics needs to happen asap. Need much deeper USDC:INSUR AMM pools.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Ensuro
Founded: 2021
ensuro.co

Company Information

InsurAce
Founded: 2021
Singapore
www.insurace.io

Alternatives

Alternatives

Categories

Categories

Integrations

Avalanche
BNB Smart Chain (BSC)
Base App
Cardano
Coin98
Ethereum
MetaMask
Polygon
Trust Wallet
WalletConnect
imToken

Integrations

Avalanche
BNB Smart Chain (BSC)
Base App
Cardano
Coin98
Ethereum
MetaMask
Polygon
Trust Wallet
WalletConnect
imToken
Claim Ensuro and update features and information
Claim Ensuro and update features and information
Claim InsurAce and update features and information
Claim InsurAce and update features and information