What if car insurance could be made easy?

The world’s best enterprise blockchain solution for global payments

Parametric Insurance X Smart Contract = Automated Claims Settlement

By automating the insurance process across the value chain, customer experience will be improved significantly.

Claims through Legacy will get automatically settled upon the triggering of a specific event; say an accident in the case of auto insurance. The key benefits that a smart contract will bring to the insurer and the insurance sector are as follows:

Why Choose Us Image

NO INTERMEDIARY

Smart Contract eliminates the involvement of any intermediaries like lawyers, brokers, agencies, etc. and is directly between the insurer and the insured.

AUTOMATED

Automatically triggers action subject to the codified parameters. This saves time on the manual processing of data in case of any fatality.

TRANSPARENCY

Documents get stored in a distributed ledger in an encrypted form and time stamped. Any alteration to any of the the document requires approval by a minimum number of ecosystem participants before getting added to the previous block.

BACKUP

Any information saved on blockchain is highly secure due to cryptographic encryption

SECURE

Any information saved on blockchain is highly secure due to cryptographic encryption.

ECONOMY

The automated ecosystem presents cost saving in various forms to the end customers and the insurer.

ACCURACY

The availability of the uniform data makes the entire process accurate and non-fraudulent

ABOUT US


Our Mission

To create an advanced insurance ecosystem utilising future technologies such as Artificial Intelligence and Internet of Things powered by Blockchain technology.


Our Goal

To lower the cost of insurance for both the customer and the insurer and to disrupt the entire insurance industry.

Our Vision

The vision of Legacy is to automate the entire insurance value chain, where insurance is administered by smart contracts and registered on a distributed ledger, backed by A.I. for automatic detection of damage and dynamic settlement of claims.


Our Objective

To eliminate manual error, Improve fraud detection and risk mitigation. We also aim to increase accuracy and efficiency in claims processing

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CONTACT US

Legacy Holdings
Level 14, Boulevard plaza tower one
Sheikh Mohammad Bin Rashid Blvd, Downtown, Dubai
M: +971 55 744a 1088
E: info@legacyinsurance.io