World’s First Blockchain Insurance Marketplace To Launch Ambitious ICO

 The world’s first Blockchain-based insurance marketplace, InsureX, is set to launch an ICO in July 2017 in a bid to raise at least 2200 ETH. The first in a large number of token sales set to launch in the next few weeks, London-headquartered InsureX intends to use the funds to create a trading platform specifically for insurance products. “Blockchain technology presents an exciting opportunity to disrupt the insurance industry,” CEO Ingemar Svensson said in a press release Thursday. Citing Allianz insurance data, he continued: “Preliminary estimates are that gross written premiums generated by insurers contribute 3.5 trillion or 5.7 percent of the global GDP - that is a massive opportunity.”https://cointelegraph.com/news/worlds-first-blockchain-insurance-marketplace-to-launch-ambitious-ico