Commercial Property Insurance

RiskStream aims to tokenize any real-world asset class (commercial properties) to help streamline the insurance-related collection, verification, and tracking of hazard data.

Benefits:

  • Simplified sharing of COPE data

  • Creates one source of truth

  • Standardize risks associated with commercial properties

  • Reduces duplicate efforts for brokers and carriers 

Ecosystem:

  • Currently holding working group with goal to build an app that tokenizes properties

  • Carriers, agents, and brokers have vocalized support for the initiative

  • Plan to involve data providers (i.e. HazardHub and others)