InsureDAO is a peer to pool insurance market protocol on Ethereum. The operation and management of the protocol are controlled by the DAO, and anyone with access to Ethereum can create, purchase, and underwrite any insurance without KYC. Moreover, each insurance pool is separated on InsureDAO. That is to say, any payout from a certain insurance pool doesn’t affect other insurance pools.

InsureDAO consists of the following 3 services:

• InsureDAO Build
• InsureDAO Market
• InsureDAO Lending (To Be Developed).

CommunityDAO is designed to manage and improve the InsureDAO itself, and this module works like multi-sig smart contract. Anyone can propose an improvement plan on the forum and discuss, then finally decide by voting among the CommunityDAO. The voting power of the individual depends on his veINSURE amount.