ICO Teambrella

Teambrella is a social app that aims to replace insurance. Teambrella is what insurance has always strived to be: a tool for sharing risks with peers and helping those in need. But this time, we don’t just declare the absence of conflicts of interest — we align interests of all parties and make the whole process provably fair.

• Live Platform. Teambrella has already built its platform. The members of our six pilot teams already cover their pets, bikes, and cars with our iOS, Android and Web apps.
• Worldwide. Our business model doesn't require an insurance license in most jurisdictions. We have pilot teams in the USA, Argentina, Peru, Russia, Germany, and the Netherlands.
• $3 Trillion Market. Regulations prevent the insurance industry from being disrupted, so we've created a platform that doesn't provide insurance but removes the need for it.
• VC-Backed. Prior to the token sale, Teambrella has raised $1.3M in seed funding from Shanda Group, the largest shareholder of Lending Club and Community Health Systems.