What is iXledger?

iXledger is a blockchain-based insurance platform that enables companies to manage risk and reduce costs. It provides an open, secure and transparent platform for the insurance industry, allowing insurers, brokers, reinsurers and other stakeholders to interact with each other in real time. The platform is powered by Ethereum smart contracts and allows users to create custom policies, manage claims and payments quickly and securely.

iXledger’s mission is to revolutionize the way insurance works by leveraging blockchain technology. By using smart contracts on the Ethereum blockchain, iXledger eliminates costly intermediaries such as brokers or agents who traditionally take a large cut of premiums. This allows insurers to offer more competitive rates while still providing customers with comprehensive coverage.

The platform also offers a range of features designed to make it easier for insurers to manage their business. These include automated policy creation, automated claims processing, fraud detection tools and analytics dashboards that provide insights into customer behaviour.

In addition to its core services, iXledger also provides access to a global network of insurers who can offer their products through the platform. This makes it easier for customers to find the right coverage at the best price.

By streamlining processes and reducing costs through automation, iXledger aims to make insurance more accessible and affordable for everyone.