Nyams, a pioneer in blockchain-based insurance marketplace, is pleased to announce the official worldwide launch of its first fully capitalised insurance program exclusively on Nayms Marketplace. With this new achievement, Nayms has revolutionized the insurance industry by utilizing smart contracts on Ethereum network and offering insurance solutions that are safe, effective, and completely transparent.
The Nayms Marketplace has fully transformed the insurance industry through its on-chain approach, where the insurers, insureds, capital providers, brokers, and underwriters have been brought together in an on-chain esosystem- right from capitalising the balance sheets to paying the premiums and claims. This will fuel the quick growth of cryptocurrency market by boosting an alternative capital source. With Nayms, insurers can access additional capacity for underwriting risks, as it focuses heavily on generating yield by leveraging its advanced marketplace and blockchain technology. Hence, enabling insurers to provide more wide-ranging coverage, meet the demands, and address upcoming risks in an efficient manner.
The very launch of Nayms’ Marketplace on Ethereum Network signifies another great achievement of the company. Moreover, Nayms is excited to reveal that it has successfully raised $500,000 USDC in its very first segregated account that has targeted annual returns averaging 15% approximately.
“Building something simple is complicated. It requires a solution that is highly comprehensive to seem sleek, streamlined, and intuitive. Nayms has now officially gone from 0 to 1 with the launch of our first insurance program, and we can’t wait to showcase all the other opportunities to the market as they go live. We have now introduced insurance as an asset class to the digital asset space. Onwards!,” said Dan Roberts, CEO and Co-Founder of Nayms.
Building upon the success of the first fully capitalised insurance program, Nayms is excited to unveil a range of new investment opportunities for participants in the (re)insurance market. These opportunities allow investors to diversify their portfolios, access untapped markets, and benefit from the growth potential of the evolving insurance landscape with potential returns as follows:
- Industry Loss Warranty Reinsurance at a 15-20% return
- Excess Cyber Liability Insurance at a 10-15% return
- Smart Contract and Bridging Insurance at a 12-15% return
- Smart Contract Hack Captive Insurance at a 12-14% return
Nayms invites interested individuals to explore these investment opportunities and get in touch for more information.
As Nayms continues to expand its marketplace and attract new participants, it remains committed to fostering collaboration, trust, and innovation within the reinsurance industry. Nayms isn’t new technology for old companies – it’s new technology for the insurance participants of the future, who deserve the back-end infrastructure capable of conducting truly digital insurance with the market, for the benefit of coverholders.
About Nayms
Nayms is an industry leading on-chain insurance marketplace that’s fully regulated. Ever since their launch they have paved the way in the industry in providing a new digital asset risk market, which allows regulated brokers and underwriters to find digital asset capital providers to share in the premium and liability entailed in covering digital asset risk. Nayms’ traceable smart contract is built on a trustless system, meaning insurance brokers can place a contract between market participants in a limitless number of areas and share in the future value of such open trade.
For further information on Nayms and investment opportunities, please contact sarah@nayms.com or go directly to the website.
Media Contact
Company Name: Nayms
Contact Person: Sarah George
Email: sarah@nayms.com
State: California
Country: United States
Website: https://nayms.com/
