Fineqia Announces Blockchain and Cryptocurrency Investment Subsidiary in Malta

Fineqia Investments Limited has been established in Malta to hold the Company's growing portfolio of blockchain, fintech and cryptocurrency technology companies worldwide such as Estonian company Black Insurance, Malta-based IXL PremFina Ltd and the UK's Nivaura Ltd. The investments are adjunct to the Company's core business of placing debt and equity securities.

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Blockchain Insurance Disruptor, Black Insurance Team and CEO of Fineqia International Inc. Discuss How They Plan to Change the Insurance Industry and Upcoming ICO

"Globally, it is estimated, insurance companies lose over USD 80 billion to frauds every year. Blockchain is one-stop solution to reduce/combat frauds related to insurance and financial sectors. Traditionally, insurers have been relying upon physical processes to authenticate claim information related to ownership, history item, and authenticity of the product."

The management team at Fineqia International and Black Insurance discuss their vision of being part of the insurance revolution implementing blockchain.

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Fineqia Announces Stake in Blockchain Insurance Company Black Insurance

Black intends to become a licensed insuer and enable the underwriting of new insurance policies via insurance syndicates akin to the Lloyd's market. Insurance brokers and agents will be able to create bespoke insurance schemes faster and cheaper using the Black platform.

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