I do not know if I can answer this, but when I look at the whitepaper I see the establishment and integration of three companies: Dubai, Bermuda & Portugal. I think it is safe to say that when the specific legal requirements are met, the coverage would be Middle-East & Asia (Dubai), The America´s (Bermuda) & Europe (Portugal)
I really like this approach, I am wrestling my way through the whitepaper now, but I am enthusiastic about the insurance moving to the blockchain. Together with taxes, notary & banking & bookkeeping, I consider they are the most likely candidates for blockchain implementation.
Although INSCoin has a different approach, I hope that it will be able to stand out, compared to other insurance like start ups like Insurepal & Fidentiax.
I will be following this one closely, but I like the project & partnerships INS has thus far!
insurance can be tricky because of different laws in different regions, are you guys gonna be operating in a certain area? How are you going to deal with the different laws in different regions if you are not restricted to certain areas?