Dash Investment Foundation is the first ownerless memberless investment fund.  The DIF have announced that they have invested R$1.4 million ($250,000 USD) in 88i Seguradora Digital.

88i Seguradora Digital are the first digital insurer who are focused on customers and service providers for the Mobility, Delivery, Fintech and eCommerce ecosystems.

They have been ratified by SUSEP to promote innovation and inclusion by using the Risk Design approach to deploy Artificial Intelligence in 100% cloud environments to transform and democratize insurance.

They are offering protection products which effectively help partners’ and customers to be and feel protected every day in a simple, intuitive and digital manner, while continually delivering the very best experience.  88i Seguradora Digital believe that human capital is the main asset to serve people. 

Rodrigo Ventura, CEO at 88i expressed, “We are very happy to announce the investment of Dash at this important time for 88i. We will invest in technologies that will allow us to record a great number of insurance products and finally democratize insurance in Brazil.”

88i are going to make use of the funding to execute Dash’s blockchain technology to revolutionize the possibilities in insurance products, expand infrastructure, and improve digital marketing to trigger growth and to further accelerate commercialization of insurance solutions.

In year 2021, the digital insurer are focusing to sell 50,000 policies to achieve a revenue of R$7 million.  They are looking at ambitious results for 2022 at R$70 million.  Fernando Moreira opines that there are several opportunities to achieve this goal with the digital industry growing continually.

By virtue of the extremely fast network, Dash makes it easy to register micro and nano insurance in real-time. The policies can be recorded and verified easily and the claims can be paid fast.

Users need to be anchored to a great number of technologies to price, quote, and issue a digital policy.  Blockchain is one of them. Blockchains have the ability to come up with trust in a trustless ecosystem and this protocol layer has very positive implications for the insurance industry.

Those who are new to Dash and need help getting started, Dash is a digital currency that enables anyone, anywhere in the world to make quick, easy and cheap payments at any time without going through a central authority. Based on a decentralized peer-to-peer network, and secured by strong cryptography, Dash offers a safe and user-friendly payment method without barriers. Dash is portable, inexpensive, divisible and fast digital cash for both the internet and everyday life.