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Smart Gap Insurance

The World's Most Innovative Insurance Policy Powered By The Blockchain

Customer First Insurance With Down Payment Assistance

Overview

Max Gap Plus was founded to provide superior insurance products. This is made possible by utilizing state of the art technologies, which results in lower company overhead, which we pass on to the consumer in the form of better insurance coverage with additional benefits, such as our down payment assistance benefit. Receive up to $2000.00 towards your next purchase

proposal

Insurance Industry Issues & Proposals

for use of Blockchain Technology

 
issues

issues

  • Inefficient exchange of information
  • Limited underwriting accuracy
  • Fraud
  • Complex liability assessments for syndicates / reinsurance
  • Use of middleman
  • Fragmented data sources
  • Manual claims review and processing
proposal

Proposals

Risk assessment

  • Enable trusted and verifiable provenance information.
  • Provide transparency on existing or past insurance policies and claims associated with property and/or insuree.
  • Enable shared interface with trusted third-party data providers (i.e., real state registry, notary services, public records, etc.).

Quoting

  • Improve accuracy of pricing through transparent quantification of risk and disintermediation of third-party intermediaries.
  • Provide digital smart contracts to capture obligations and terms binding the insuree and insurer.

Onboarding

  • Enable capture of immutable, trusted, and verifiable information based on digital cryptography.
  • Provide fast, seamless, and transparent experience in binding policy to insurees.

Claim registration

  • Provide trusted and verified submission of claim data and/or documentation.
  • Enable automated pre-assessment of the loss coverage against the policy.
  • In case of smart assets/properties, enable claim to be securely and automatically submitted without human intervention.
  • Automate process to engage repair and assistance providers to reduce response time and ensure use of preferred suppliers.

Claim assessment

  • Provide access to validated external data through trusted sources (i.e., oracles).
  • Enable automated determination of loss liability Enable automated assessment of loss coverage for syndicates / reinsurance.
  • Enable programmable escalation to human decision making in case of complex risks.

Payment and closure

  • Provide automatic payment to insurees through smart contracts.
  • Provide immutable and transparent proof of claim settlement.
benefits

What It Is and How Can It Benefit You?

  • When we save money your benefits increase.
  • Reduced processing cost and time.
  • Instant availability of accurate current information.
  • Legal certainty.
  • Act as a catalyst to accelerate the use within the industry of electronic documents rather than scanned paper, thus reducing costs and leading to fewer errors.

how it works?

how it works

Token Generation Event

roadmap

maxgapplus roadmap

Blockchain & ICO Counsel

Joel Telpner

Joel Telpner

Blockchain & ICO Counsel

 

AB Board & Officers

Cristina Dolan

Cristina Dolan

Co-Founder & COO iXledger

 
Eric I. Cogen

Eric I. Cogen

Senior Software Engineer, CTO

 
Steven Schwartz

Steven Schwartz

InsurTech Influencer

 
John Amore

John C. Amore

Investment Banker & Finance Consultant

 
Jeffrey A. Barnett

Jeffrey A. Barnett

Enterprise Developer, CEO, Investment Banker

 
Lisa Miller

Lisa Miller

Government and Business Development Consultant

 
Cheryl Yakey

Cheryl Yakey

Insurance regulatory Council

 
Bob Bausmith

Bob Bausmith

Enterprise Developer

 
Christopher Frankland

Christopher Frankland

Digital Enterprise Architect

 
Todd Bault

Todd Bault

(Re)insurance, InsurTech, Quantitative Analysis Consultant

 
Jeff LeGare

Jeff LeGare

Reinsurance and Risk Management Executive

 
Phil Duncan

Phil Duncan

COO Insurance Blockchain Center

 
Sean Hine

Sean Hine

Information Security Expert

 
Alan Percal

Alan Percal

ASA, MAAA Senior Actuarial Analyst

 
Elena Sinelnikova

Elena Sinelnikova

Blockchain Advisor, CTO

 
David Hernandez

David Hernandez

General Counsel - Juris Doctor

 
Steven Dorozenski

Steven Dorozenski

B2C and B2B Enterprise Developer

 
rocket
sun

Vision

MaxGapPlus aims to build the worlds most technologically advanced insurance product. Our first product will concentrate on the $1 billion+ yearly automotive GAP insurance market.

Contact us

To contact us please fill out the form. We will get back to you as soon as possible.