Nayms Company
Nayms is a Smart contract platform for the placement, trade, reporting and settlement of insurance risk.
Nayms is an insurance marketplace, utilising smart contracts to code the rules of how insurance can be placed, traded, claimed and settled. Brokers place these digital contracts of insurance between buyers (underwriters and capital markets) and sellers (insureds) of various risk.
Its focus is on facilitating the underwriting of digital asset riskas appropriate insurance protection is vital for the health of any liquid, financial market.
By allowing cryptocurrencies like BTC and Eth to underwrite BTC and Eth risk, assets match liabilities meaning premiums are reduced, payouts and premiums are paid in native currencies and insurance cover scales as the digital asset space expands.
Nayms is an insurance marketplace, utilising smart contracts to code the rules of how insurance can be placed, traded, claimed and settled. Brokers place these digital contracts of insurance between buyers (underwriters and capital markets) and sellers (insureds) of various risk.
Its focus is on facilitating the underwriting of digital asset riskas appropriate insurance protection is vital for the health of any liquid, financial market.
By allowing cryptocurrencies like BTC and Eth to underwrite BTC and Eth risk, assets match liabilities meaning premiums are reduced, payouts and premiums are paid in native currencies and insurance cover scales as the digital asset space expands.
Industry:
InsurTech
Headquarters:
London, United Kingdom
Founded Date:
2019
Employees Number:
1-10
Total Funding:
$2,393,066
Last Funding Type:
Seed
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