UNORE claims to be the first Decentralized Reinsurance platform. Reinsurance is the process of one entity (the reinsurer) taking on all or part of the risk covered under a policy issued by an insurance company in consideration of a premium payment.
Reinsurance is the practice whereby insurers transfer portions of their risk portfolios to other parties by some form of agreement to reduce the likelihood of paying a large obligation resulting from an insurance claim. The option to trade in this highly profitable risk trading is currently controlled by a few large corporations. UnoRe wants to build a platform which the average user can trade & invest in this risk. They don't have the protocol ready except for their token contract on their Github.