PolkaCover announces its partnership with 971 Insurance
Hey PC Crew!
We are pleased to announce our strategic partnership with 971 insurance.
971 provides consulting, brokerage, and claims advocacy services through dedicated global risk specialties and industry practices. 971 is a UAE-based registered insurance broker that will support Polkacover by providing the ground regulations needed to distribute regulated insurance products, ranging from travel, health, and life insurance products globally through our CoverCompared platform.
Their panel of leading multinational insurance companies will offer regular covers and tailor-made risk covers based on PolkaCover requirements. This partnership will enable seamless distribution of traditional and crypto insurance to the global audience on one platform.
This partnership is a huge step towards launching PolkaCover’s CoverCompared platform as one of the key requirements to be able to onboard multi-national insurers is to ensure an authorized brokerage/consulting entity is managing the compliance & regulatory due diligence which is needed before launch.
Along with Crypto Insurance products, the traditional insurance products are also key to providing a complete portfolio of protection offerings to the crypto world & 971 will act as the regulatory bridge between onboarding Insurance companies and all lines of insurance ( including crypto-insurance) through the PolkaCover’s CoverCompared Platform.
What is Polkacover?
Polkacover is a global Defi-Insurance marketplace that provides insurance solutions to safeguard Crypto, DeFi & NFT asset users from over 120 countries. Individuals can use the upcoming Polkacover marketplace to search, compare & buy multiple insurance products backed by traditional insurers or through our community governed P2P insurance platform.
Polkacover is being built on the Polkadot ecosystem and aims to be the missing link that will connect the mass crypto market users with a unique marketplace to provide insurance coverage on their crypto, DeFi & NFT Assets.
Need More Info on Polkacover?
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