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[ANN] First Insurance Policy Paid for with Bitcoin
by
kenerwin88
on 20/04/2013, 12:44:55 UTC
Hi Everyone  Smiley,

I just wanted to announce that we have now written the first insurance policy that is being paid for completely in Bitcoins.  Based on the advice from others that we received, we used Bitpay for the payment, and could not be happier with how smoothly it went.  Up until now I've only had a couple of CSRs and our Accounting department onboard, now all of the CSRs and Producers are becoming extremely interested in finding out more about Bitcoin.  I wanted to thank everyone from the thread here https://bitcointalk.org/index.php?topic=155036.0 as well as everyone who has contacted me requesting a quote or offering advice, it has been incredible finding out all of the other different businesses that are doing the same thing that we are. 

We obviously aren't a startup company, we've been around since 1872, but there is a culture surrounding Bitcoin that is enthralling.  To any business that is considering accepting them, you won't be alone.  I have had so many people from this forum as well as even a call from a company in Canada working with Bitcoins all offering or seeking advice.  It is obvious that everyone here doesn't just want success for themselves, but is working for Bitcoin to be successful as a whole, and that is amazing.     

I can't name the person who bought the policy for privacy reasons, but I just wanted to thank you for working with us (And if you would like to be named let me know!).

Thank you again everyone, if anyone else would like a quote for any type of insurance, or has any questions, feel free to contact me.  Smiley 

Ken Erwin | System Administrator
Beauchamp McSpadden
231 W. Canal Street ♦ Wabash, IN 46992
W:317.522.7857x2192 ♦ C:317.522.7857