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Nayms

@nayms.io

A single platform exposing capital markets to a variety of insurance pools.

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About

Description

Nayms is a cutting-edge platform revolutionizing the insurance industry with its regulated, smart-contract based marketplace. With a focus on transparency and liquidity, Nayms aims to be the go-to marketplace for insurance providers of the future. This digital platform caters to digitally native brokers, new-age carriers, and investors involved in digital assets.


Nayms offers a truly digital environment where insurance parties can collaborate around a single source of truth, bringing much-needed cover to the world of digital assets and beyond. What sets Nayms apart is its fully regulated structure as a Segregated Accounts Company (SAC). This allows insurance partners to run a protected cell, ring-fencing assets and liabilities while segregating business from other activities on the network.


Nayms also holds Digital Asset Business License (DABA Class F) and Innovative General Business Insurance License (IIGB), enabling global insurance participants to conduct on-chain insurance business compliantly. By utilizing immutably written smart contracts on the blockchain, Nayms reduces administrative burdens and unnecessary human intervention. Insurance participants can replace trust in transactions with the transparency and trustless nature of smart contract code.


Investors can receive participation tokens as proof of ownership over capital in the pool when the insurer raises capital. These tokens incorporate legal and regulatory responsibilities, allowing seamless transfer to new investors. Brokers using Nayms have access to a policy builder that immutably ties risk to capital.


By inputting all the parameters of an insurance policy and gaining approval from the designated sponsor, the policy is hashed against the capital pool, providing security and transparency. Join Nayms today and experience the future of insurance with a truly digital marketplace that prioritizes transparency, liquidity, and innovation

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