Colibra is a democratic insurance company. Entirely based on the blockchain, Colibra combines crowdsourcing with game, choice and voting theory to build an open platform that can handle insurance claims in a transparent, autonomous and fair manner. Colibra’s simple and intuitive mobile app helps clients get insured or submit a claim effortlessly. Once all necessary documents are submitted, the claim is crowdsourced on Colibra’s open platform where independent claim handlers verify the validity of these documents. An independent crowd jury is then formed to vote on the eligibility of the claim. If the claim is found eligible, a smart contract instantly triggers a payment towards the client.
5,000,000 USD (fiat)
25,000,000 USD (fiat)