Undo 200 years of corporatised insurance.

Picnic is a decentralized insurance collective offering Motor, Home & Contents and will have the backing of a fully regulated insurance licence.

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Picnic for investors

Licensed Underwriter
Licensed underwriter

The Picnic Collective will be fully licensed and underwritten - allowing Picnic to design and underwrite simple, easy to understand and fair policies.

Insuring the things that matter
Insuring the things that matter

Insurance is a USD 5 trillion market globally. Picnic will be uniquely positioned to capture the mass market with an underwriting licence in key markets, for life's most valuable assets - Motor, Home & Contents.

Stable Security Token
Stable security token

The Picnic Insurance Coin is being designed to meet securities regulations. Our tokenomics encourage low volatility, with on-market buybacks, deep-freeze limiting supply and unused investor funds redemption in the event of windup.

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How Picnic works

  • Members join the collective and their premiums are pooled
  • The pool is used to payout claims, with a small amount reserved for the next period
  • With no corporate shareholders, the remaining surplus is shared with members

Picnic for customers

Customer Alignment
Customer alignment

Picnic is structured to provide a fair return to initial supporters for funding the project. With no corporate shareholders , an operating surplus will fund future premium discounts for members.This allows the Collective to pursue its primary mission of fairness in insurance for members.

Licenced & Compliant
Simple & fair

Some insurance products are designed to maximise an insurance company’s profit and minimise risk. Ours aim to be simpler in design, with fewer exclusions and greater coverage. Picnic’s claim peer-review ensures the Collective's voice is heard and claim fairness prevails.

Decentralised Ownership
Transparent

As a Mutual, our interests are completely aligned with members. Using the blockchain, we are able to lift the corporate veil of secrecy further to be more transparent.

Full-Stack
Safe & trusted

An insurance organisation must respect the necessary regulations of the countries in which it operates. Picnic Collective will operate under our own fully-regulated insurance licence, providing members with security and certainty.

Community & Transparency
Community & transparency

Organisations exist to serve communities, and have a 'social contract’ with them. Corporations that harvest extreme profits at the expense of their community break this. We believe our obligation is to enrich the communities in which we serve.

Shared Surplus
Shared surplus

Picnic is built as a lean, digital business, and creates operational efficiencies that are difficult for incumbent insurers to match. This allows Picnic to offer lower premiums and share surplus (profits from corporate insurers) with members as discounted future premiums.

Delivered by a team with insuretech expertise

Mark Arnold

Mark Arnold

Chief Executive Officer

Charlie Pollack

Charlie Pollack

Chief Operating Officer

Cedric Waldburger

Cédric Waldburger

Advisor

Eric Johnson

Andy Cornish

Advisor

Martin Wells

Martin Wells

Chief Technology Officer

Eric Johnson

John Connor

Chief Actuary Officer

Reece Frazier

Reece Frazier

Chief Experience Officer

Chris Overs

Chris Overs

Legal and Compliance

Meet us

Meet us at

BLockchain & Cryptocurrency Conference

Dallas, USA, 22nd to 24 February, 2018


BLockchain & Cryptocurrency Conference

Dallas, USA, 22nd to 24 February, 2018

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