CoverCompared x Insurace; partnership update

CoverCompared
2 min readDec 25, 2021

We are very thrilled to announce that Insurace has now come onboard the CoverCompared platform to offer users the needed insurance coverage against their crypto-based assets.

What Insurace offers ?

Insurace aims to provide DeFi users with trustworthy insurance services to safeguard users investments in case of unpredictable risks. As the crypto world still remains quite incomprehensible and full of unwarranted predicaments, insurance has become very imperative. The smart contract and crypto-exchange covers that are available on the CoverCompared platform, aims to provide this needed security for your crypto assets.

CoverCompared x Insurace

This integration only further fuels our efforts at wanting to provide the maximum coverage options for our users, especially in regard to your digital assets.

CoverCompared is the first-ever DeFi insurance marketplace that will allow our users to handpick insurance policies, as per their requirements, in exchange for a host of cryptocurrencies. This helps further push cryptocurrency into the mainstream global payment system.

Another added bonus? Users can utilize their $CVR tokens to purchase insurance policies at a discount on our platform.

About CoverCompared:

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

Social Media: Twitter | Medium | Telegram | Github

About Insurace:

InsurAce.io is a decentralized multi-chain insurance protocol, to empower the risk protection infrastructure for the DeFi community. InsurAce.io offers portfolio-based insurance products with optimized pricing models to substantially lower the cost; launches insurance investment functions with flexible underwriting mining programs to create sustainable returns for the participants; and provides coverage for cross-chain DeFi projects to benefit the whole ecosystem.

At the time of writing, InsurAce.io has provided coverage to 87+ protocols, safeguarding over $170M DeFi assets on 12+ public chains.

InsurAce.io is backed by DeFiance Capital, Parafi Capital, Alameda Research, Hashkey group, Huobi DeFiLabs, Hashed, IOSG, Signum Capital, LongHash Ventures and a dozen of other top funds.

Join InsurAce.io community:

Website | Twitter | Telegram | LinkedIn | Announcements | Medium

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CoverCompared

The First DeFi Insurance marketplace for the global crypto ecosystem