Nexus Mutual

Insurance
Nexus Mutual header

Nexus Mutual

Insurance

Blockchain decentralized insurance platform.

United Kingdom, London
2017
Year of establishment
Active
Status

About

Hi we’re Nexus Mutual!


Nexus Mutual is building a decentralized alternative to insurance. They are using blockchain technology to build a mutual (a risk-sharing pool) to return the power of insurance to the people. The platform will be built on the Ethereum public chain. It will allow anyone to become a member and buy cover. It replaces the idea of a traditional insurance company because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment and Governance.

Key objective

Allow people share risk together without the need for an insurance company.

Slogan / Motto

A people-powered alternative to insurance

Use cases

Claims Management
Fraud & Risk Prevention

Team

Team members

Ish Goel Chief Technology Officer & Board Member

Responsibilities

CEO and key blockchain architect at Samish Solutions. Established blockchain center of excellence in 2016. Overseen development of several blockchain MVP’s across several industries and government.

Hugh Karp Founder & Board Member

Responsibilities

Insurance professional and actuary with 15 years of experience in a broad range of insurance and reinsurance roles including CFO of UK Life operations for a global reinsurer. Blockchain enthusiast since 2011.

Customers / Partners

Products

Tokens

NXM token
NXM token
($NXM)
Type
Utility tokens
Token standards
ERC-20
Price
$0.00
Market Cap
$0.00

Funding

Received funding
N/A
Total amount raised
1
Rounds
1
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
N/A
Funding
Version One Ventures