Users can now compare between five risk platforms
Bright Union is proud to offer its users yet another platform in its coverage marketplace. Bright Union is on an integration-streak with even more to come after this announcement.
More choice for customers
This integration brings Bright Union another step closer to allowing all members of the crypto community to cover their capital. Users will notice that this integration isn’t at quite the same level as with other platforms [Nexus Mutual, InsurAce, Bridge Mutual or Ease finance]. Regardless, users have more choice to make informed decisions about their risk mitigation strategy.
This is the second integration, after Ease finance, in a coming chain of announcements relating to updates in the Bright Union App.
One of the ways Unslashed differentiates itself from the other insurance players is their price cap of 8% per year. Pricing is dynamic based on level of demand and how much capacity is remaining for each. At the time of writing, most prices sit under 1% per annum!
With regards to claims management, Unslashed is utilising Kleros — the justice protocol. In short, Kleros is an organization for handling disputes within DeFi and further. The reason for their use — the jurors are independent from Unslashed and the governance token. For users who desire this extra level of independence in claims handling, there is now this option within the Bright ecosystem.
Is there a risk platform that you think we should integrate with? Let us know!
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Unslashed is a decentralized insurance protocol covering all common risks for crypto assets. Unslashed enables almost instant liquidity to insurance buyers and risk underwriters, ensures constant collateralization, and guarantees transparency through an unbiased claims process. By tokenizing coverage and using “money streaming,” it allows maximum flexibility and freedom: the insured pay as they go and can instantly stop the policy to offload it at any time.
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About Bright Union
Bright Union is the world-leading multi-chain decentralized finance cover marketplace. A platform to aggregate and match supply and demand, it also accelerates the industry by providing strongly needed insurance liquidity
By aggregating & accelerating the entire web3.0 insurance landscape, Bright Union is uniquely placed to offer easy integration to any dApp, wallet, exchange or metaverse and provide their investors an extra layer of trust by offering the best insurance policies on point of need
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