ZeroForm Claims is a blockchain-based system that automates insurance payouts using smart contracts. It eliminates forms, speeds up claims and saves insurers money while delighting customers with instant payouts during emergencies.
Key Feature
Smart Contracts
Automated insurance on blockchain
No manual claims
Data Oracles
Reliable real-world data feeds
Ensures data accuracy and security
Instant Payouts
Instant, automatic payouts
No paperwork or delays
Fraud Reduction
Immutable records
Prevents tampering and false claims
Why it is great?
Insurance Company
Cut costs
Reduces fraud
Higher customer retention
Less manual labor
Transparent transactions
Enhanced reputation
Customer
Instant payouts
No paperwork
More trust
24/7 service availability
Fair and consistent decisions
Secure personal data
How it works?
Policy Setup
Insurance terms are encoded into smart contracts on a secure blockchain
Trusted Data
Connects to reliable sources like hospital APIs or wearables
Event Detection
When an event happens, trusted data confirms it
Instant Payout
Smart contracts verify and send money directly to the customer's account