Yes we said something like that and this is how it will work..

A group of users makes contributions to form an insurance fund. Part of the money is spent on paying for insured events, and at the end of the year, the fund’s team votes to either leave the remaining amount in the insurance fund, or distribute it among all participants. The users do not have to vote themselves all the time, one can choose a confidant to vote on their behalf instead. The confidant receives a reward from the team for the time and competence spent. The higher the ratings are, the more trust and therefore the higher are the rewards.