BIGGER THAN UBER AN AIRBNB

The premium volume in the insurance industry amounts to no less than 4000 billion euros worldwide. Many times larger than the cab industry (200 billion) and the hotel industry (1000 billion) in which Uber and Airbnb disruptively excel. This makes it remarkable that disruption has so far remained absent from the insurance sector. Now however, there is RiskShare. A p2p risk-sharing platform with mutually agreed terms and more than 60% lower premiums advised and managed by independent advisors. Every person and every family all over the world needs protection from financial risk. RiskShare puts p2p risk-sharing at your fingertips anywhere in the world with nothing more than smartphone and internet. 'RiskShare' and its derivative platforms 'RoomShare' and 'RideShare' are becoming bigger, more agile and more profitable than Uber and Airbnb.

Not Cabs	Not Hotels	Not Insurers
But Car Drivers	But Home Owners	But Risk Advisors
For Ride-Sharing	For Room-Sharing	For Risk-Sharing
Along Passengers	Beside Vacationers	Among Members
Via the 'RideShare' Platform	Via the 'RoomShare' platform	Via the 'RiskShare' platform
At 40% discount	At 50% discount	At 60% discount
All over the World	All over the World	All over the World

THE WORLD'S FIRST AND ONLY

RiskShare is the world's first and only true p2p risk-sharing platform. And in such a way that participants only pay premium for each other's claims without the intervention of an insurer or reinsurer and therefore without costs 30%, taxes 20% and profit 10%. As a result, premiums are at least 60% or more than half lower than with traditional insurance. In other words, the premiums of traditional insurance are at least 150% or more than two and a half times higher than with p2p risk-sharing. RiskShare has no expensive buildings, no directors, no chiefs, no front and back office staff and thus no overhead and no bureaucracy. Risk-sharing in case of death, disability, healthcare, liability, legal aid, travel, damage or loss to car, house and contents. 'Risk ends where RiskShare begins'. 
 

BUSINESS MODEL

RiskShare consists of 5 authority-free entities that are legally independent but economically inseparable. In this way, RiskShare forms a decentralized sustainable ecosystem of holacracy

  Network of Clients for P2P Risk Sharing

  Franchise Partnership of Independent Advisors

  Independent Experts for Handling Claims

  Platform of P2P Risk Sharing Technology 

 Investment Fund of Clients and Advisors

HOW IT WORKS

The risk-sharing is advised and managed by financial, tax and legal Deloitte advisors. Clients choose an advisor for an advice subscription. Then they can close, pay, claim and cancel risk-sharing schemes all by themself on a daily basis. Clients determine the terms of the risk-sharing among themselves. In this way, they influence the level of premiums. Generous conditions lead to more claims and thus to higher premiums. Advisors pay a platform fee per client for the risk-sharing technology and collection of the subscriptions. They submit claims of their clients to a Sedgwick expert and pay the expert fees in advance, regardless of whether a claim payment follows. The risk-sharing network, as the risk bearer, does not have a status and risk-sharing is not a product, so laws, regulations and licenses do not apply. Risk-sharing worldwide with nothing more than smartphone and internet.

ADVISORS ARE THE KEY

What car drivers are to Uber and home owners are to Airbnb, risk advisors are to RiskShare. The advisors are the first and only point of contact for advice and claims, and therefore client responsible. They not only represent the interests of their individual clients through adequate claims handling, but also the interests of all their clients by monitoring low premiums. In addition, they are not only the key marketing drivers, but also the equivalent of the front and back office of a traditional insurer. The partnership sets the requirements and conditions for the entry of new advisors and the forced exit of fraudulent advisors. This all makes RiskShare extremely digital and extremely personal.

PREMIUMS

96% of all transactions in the insurance industry involve the collection of premiums. RiskShare has an automated collection process. After in the RiskShare app the premium calculation and closing or cancellation is completed, the client is forwarded to PayPal that automatically handles the direct debit or cancellation. All premiums are verifiably stored on the private blockchain. This process offers maximum scalability to grow exponentially to many millions of clients and transactions without the additional deployment of manpower and systems.

CLAIMS

4% of all transactions involve payments to claims. In the RiskShare app, client reports the claim to his or her advisor. Advisor and expert assess the claim. Expert creates a payment link. Advisor approves the link. Client activates the link and accepts the claim settlement by crediting to his or her PayPal account. Premiums are automatically recalculated daily to cover the claims paid on that day. At the end of each day, the balance of premiums and claims is zero. All claims are verifiably stored on the private blockchain. Transparency and social control rule out fraudulent claims.

CRITICAL SUCCESS FACTORS

• RiskShare is a network without status, so no laws, regulations and licenses apply
• RiskShare forms a decentralized ecosystem of holacracy, so without bureaucracy
• Close, pay, claim as wel as cancel risk-sharing all by yourself and no one else

• Millions of advisors worldwide want an advice income up to €90,000 per year
  

• Billions of people worldwide want to switch to 60% lower insurance premiums

COMPARISON OF TRADITIONAL DISABILITY INSURANCE AND P2P RISK SHARING

REVENUE MODEL

• Clients: At least 60% premium benefit through p2p risk sharing
• Advisors: €90,000 in subscriptions per year from 100 clients
• Platform: €96 fee per year per client from the advisors
  

OBJECTIVE

The 5 year objective is a network of 1 million clients, 5 thousand advisors and many millions of transactions per year. At a valuation of 20 times the profit or 5% rate of return, the platform will then have a market value of 1.5 billion euros. An IPO will then be considered.  From 10  million euros  venture capital to 1.5 billion euros market value in 5 years from now.

PROFIT AT 1 MILLION CLIENTS

• Platform Fees: €96,000,000
• Platform Costs: €20,000,000
• Platform Profit: €76,000,000

CLOUD INFRASTRUCTURE

Node.js is a trending technology that RiskShare decided to embrace for its platform. It is especially popular for real-time processing and it is a fast and scalable solution. It has numerous advantages over other technologies and probably for this reason many big players have started using Node.js in their applications. Who are these well-known companies using Node.js to build their apps? Here are some high profile examples: Uber, Airbnb, PayPal, LinkedIn, Netflix, Ebay, Nasa etc.

PRIVATE BLOCKCHAIN

• Blockchain are hashlinked transactions that cannot be changed or deleted
• Consensus is required before a transaction is added to the blockchain
• Private by participation of only verified and identified participants
• Participants have visibility of all the transactions stored on the blockchain

GLOBAL PATH TO LOCAL SOLUTIONS

Startups are going global earlier in their growth than ever before. And why not, now that digital technology makes it easier and cheaper to access markets in some of the world's most remote places. RiskShare can be easily rolled out to all corners of the world in the local language and local currency, outside of laws and regulations.

DELOITTE GLOCAL FINANCIAL ADVISORS

Deloitte financial services provides comprehensive, integrated solutions for the banking, insurance, tax and legal advisory sectors. The extensive service and industry knowledge of each Deloitte firm enables them to understand the unique business needs of each client.

SEDGWICK GLOCAL CLAIM HANDLERS

Sedgwick brings together local talent and knowledge to offer financial risk expertise worldwide. At Sedgwick, caring about people and organizations counts. From public and private employers to insurers and their policyholders. They deliver the services and expertise wherever you are and whenever you need it.

PROFESSIONAL AND SOCIAL NETWORK

RiskShare is a professional and social network. A professional and social network is a group of people who maintain valuable contacts with each other. Such a network is invaluable because information, knowledge, recommendations and assessments are exchanged. In 2023, more than 90% of all Internet users will be active in professional and/or social networks. RiskShare makes it possible to generate additional revenues among themselves.

THE 3 STEPS TO GO TO MARKET

Step 3 now in progress:

1. Attracting an entrepreneur as a co-founder for:
2. Raising 10 million euros initial capital for:
3. Recruiting a small commercial and technical staff for:
4. Programming the risk-sharing schemes
5. Designing the websites and mobile apps
6. Collaboration agreements with (Deloitte) Advisors
7. Collaboration agreements with (Sedgwick) Experts
8. Promotional actions
9. Launch Q2-2023

FROM STARTUP TO ENTREPRENEUR

• A startup must change the world and make it a better place
• A startup needs to convince customers to use its totally new product
• A startup needs an entrepreneur to create a successful new business

• An entrepreneur has a marketplace and customers
• An entrepreneur needs a startup to create a successful new business
• An entrepreneur can easily raise venture capital for starting the new business

All of these points are significant for both a startup and an entrepreneur to consider. Entrepreneurs mostly offer a service for ordinary life, but startups drive the progress of the world. Ultimately, in their final phase, an entrepreneur creates a service for the initial product or service that was launched into existence by a startup.

A ONCE IN A LIFETIME OPPORTUNITY

Are you an entrepreneurial investor with focus and determination, looking for a formula to launch a global internet platform with Uber and Airbnb-like potential? Are you a commercial heavyweight and an appealing figurehead? Do  you have an affinity with insurance and franchising? Then RiskShare, as a Co-founder, is your journey to a highly  lucrative future. As an entrepreneur, you have to create a marketplace, create advisors and get initial capital possibly from clients and advisors. RiskShare is a revolutionary insurtech platform that will disrupt the insurance industry. A once in a lifetime opportunity for the right man or woman. Don't hesitate to contact us.

Remmelt Bossema
Founder and Developer

Cell phone:  +31 (0) 653 374 097
Video call: rbossema/videocall 
Email: rbossema@riskshare.nl