Quote from: amiteshanand on August 13, 2018, 08:25:39 AM

Legacymarket,

Help me understand cutting the middlemen in your Car insurance example. I use https://www.policybazaar.com/ all the time in India to buy my Travel, Car and other short-term insurances. I mean, I pay them and policy is inbox. Ain't you looking to do something similar here? Or, is there something more which I am missing. Let's say I have a no claim for the first year - that I get a benefit even in *without blockchain* scenario.

Can you help me improve my argument if I am missing any details?

Thank You.

Firstly where Legacymarket will differ from the current online platforms, is the ease of which to attain a quote and the accuracy. There would be no need for typing any information for vehicle insurance and no room for customer fraud or error. Secondly, our platform will offer far more insurances than current platforms, creating a one-stop shop for all. Thirdly, we would buy insurance in bulk from providers creating a discount that will be shared with our customers.

Would you choose to buy insurance through a platform leaving room for error, potentially voiding pay-out? Or would you choose an accurate product with complete ease of use for its customers, that doesn't store your information to hand out to third parties?