$100,000
Available Funding
- Up to $100,000
Overview
A discretionary mutual approach to insurance can be extended beyond crypto to serve traditional sectors such as agriculture, real estate, and healthcare. Businesses or community groups can form their own pooled coverage for shared risks—think farmers insuring crops together or property managers collectively mitigating liability. In this structure, Nexus Mutual acts as the infrastructure to run the mutual and holds the capital that backs the policies and pays claims. Using Nexus Mutual makes starting a discretionary mutual 10x quicker, easier and cheaper.
In 2025 we will see more consumers struggle to get the insurance that they need. That creates a huge opportunity for discretionary mutuals to form and provide protection to their members. Nexus Mutual’s discretionary cover model offers flexibility and cost-efficiency, which are highly appealing in traditional industries grappling with rising premiums and shrinking coverage options.
How to Apply
You can fill out the Nexus Mutual Grants Application and share your grant submission.
For further details or questions, please contact BraveNewDeFi