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We are the Insurance Industry
We are the Insurance Industry
We, the people, are the heart of the Insurance ecosystem and at the center of the need to deliver sustainable outcomes. It's that simple.
Insurance is based on trust: trust that homeowners and service providers are not defrauding the Insurer and a reciprocal trust that the Insurer will meet its obligations to the Insured during times of need.
Democratization brings equity and trust. Insurance is no exception. We exist to lead Insurance to the next level of community success.
To achieve this, we will decentralize it, make it transparent and self-governing, and enable all to prosper. Web3 technology solves this trust(less) arrangement.
The w3if develops, accelerates, and promotes this social convergence.
Core Mission
Core Mission
The web3 InsurTech Foundation develops, accelerates, and promotes Web3 technology in the insurance industry. We provide technology, governance, regulatory insights, business models, and marketing resources to decentralize insurance challenges. We foster those who want to lead new paths in security for our communities.
Core Values
Core Values
We, the web3 InsurTech Foundation community, adopt the following core values to support our mission and deliver a vibrant community.
We, the web3 InsurTech Foundation community, adopt the following core values to support our mission and deliver a vibrant community.
Do Good
We agree that when presented with choices, we align to benefit our community the most.
Do Good
We agree that when presented with choices, we align to benefit our community the most.
Be Accountable
We agree to hold ourselves and our peers accountable to our values.
Be Accountable
We agree to hold ourselves and our peers accountable to our values.
Promote Inclusiveness
We agree everyone is welcome. Insurance is emotional; we need compassionate discussions.
Promote Inclusiveness
We agree everyone is welcome. Insurance is emotional; we need compassionate discussions.
Deliver Equity
We agree to pursue equal outcomes regardless of circumstances.
Deliver Equity
We agree to pursue equal outcomes regardless of circumstances.
Accelerate Technology
We agree to advance technology as it aligns with our core values and moves our community forward.
Accelerate Technology
We agree to advance technology as it aligns with our core values and moves our community forward.
Our Motivation
Our Motivation
The need for Insurance is undeniable; it enables economic growth, stability, and social welfare. Developed economies gain more from these benefits than less developed ones.
400 years in the making, insurance models are failing due to escalating systemic challenges. Insurance provider failures, government intervention, and escalating economic costs are evidence of this collapse.
Our insurance industry needs your help!
Web3 (blockchain technology) is revolutionizing our world through decentralization, transparency, and self-governance. Decentralized Autonomous Organizations, Smart Contracts, and Digital Currency are realities redefining our society for the better.
It's time to build a better future and harness Web3 to restore the insurance industry.
We, the web3 InsurTech Foundation (w3if) community, are from all walks of life and are committed to materializing a sustainable insurance ecosystem that works for all. We are your neighbors, co-workers, customers, contractors, technologists, government officials, and the underserved. Most importantly, we are passionate about creating better lives through insurance.
This remarkable societal transformation has excited many people, but some are concerned. Through a holistic approach of focus, compassion, and dedication, the W3IF is a hub that guides and materializes this transition to enable change and provide a voice for all.
We are engaged in the complete insurance ecosystem, including regulatory compliance, legal structures, investor opportunities, contractor service networks, and technical innovations. Our core initiative, the web3 InsurTech Operating Protocol (w3if OP), is an open-source Web3 protocol (framework) that synthesizes all aspects of the insurance ecosystem and serves as a foundation for the insurance industry.
We are on a complicated path, and we need solutions and partners. We are not alone; many excellent organizations worldwide work diligently toward similar solutions. The scale of this challenge requires us to align, collaborate, and contribute, no matter how small or ambitious.
If you made it this far, you are in the right place. Please continue your journey; you can start with our Mission Statement. We have many participation paths, from our numerous forums and chat groups to our community documentation site and dedicated Working Groups.
You will find plenty of outstanding work from many great people, but we need your help!
Please join us in our mission.
Sincerely
Your friend, founder & innovator
Barry Gleadall
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