Firsthand Knowledge of Industry’s Problems Led Peterman and Volk to Develop Model for InsurePal

February 7, 2018 by L.S. Howard

After spending 15-plus years in and around the insurance industry, Matt Peterman and Tom Volk had firsthand experience of the industry’s systemic problems with fraud and rising premiums.

They decided to do something about it, developing what they think will be a revolutionary model for insurance: social proofing on a blockchain-harnessed platform.