Our Story
Blocksure is built with three words underpinning everything
Simple . Efficient . Resilient
At Blocksure, we come to work every day because we want to solve some of the biggest challenges in the insurance industry.
The company was founded in 2016 with a strong belief that blockchain can provide the global insurance industry with a fundamental shift in how insurance is transacted and processed.
The starting point for the Blocksure team was to create a PoC to materialise the vision of how insurance can benefit from the application of blockchain technology. There are many desirable attributes provided by distributed ledger technology; Blocksure’s initial focus was the removal of the bordereau process.
After two years of development and testing, Blocksure went live with the first British blockchain platform for mainstream insurance with an insurer and broker. The first product is underwritten by insurance group Covéa Insurance and in partnership with broker Commercial and General.
We are excited to simplify insurance with our platform (Blocksure OS), education and community.
June 2016 – Blocksure founded
Jan 2017 – PoC Complete
May 2017 – Market testing complete
Sept 2017 – First order received
Dec 2017 – Jan 2018 – re-platformed from Quorum to Corda due to better data privacy, good fit with our tech stack and the rapid progress made by R3 in building the platform.
Nov 2017 – Digital Risks – Blocksure voted one of five favourite startups
May 2018 – PwC Scale Programme – Selected as one of the nine brightest international InsurTechs
July 2018 – First product launched with UK broker & insurer