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Real World Risk

The Nexus Mutual protocol provides the infrastructure for members to build risk management businesses.

Members with real world risk and pricing expertise can work with the product team to offer new cover products that expand the mutual’s offerings to include real world cover products.

The Retail Mutual Cover

In July 2023, Nexus Mutual announced their strategic partnership with InShare, a specialist in alternative risk transfer and mutuals. InShare, acting as a representative for a membership organization of independent retail businesses, is working with Nexus Mutual to expand capacity and cover more than 5,000 small independent business owners in the UK.

With this partnership, Nexus Mutual became the first to use on-chain capital to cover excess losses for a traditional discretionary mutual. In traditional markets, there is a severe shortage of capital to offset various underwriting risks. By working with Nexus Mutual, InShare can support their client and protect more retail businesses across the UK against small business risks such as fire, theft and accidental damage.

To learn more, read the announcement on the Nexus Mutual blog.

Product development

The protocol serves as an infrastructure layer that others can build on top of to create new cover products and launch staking pools that underwrite new risks – including real world risk.

Members who have real world risk and pricing expertise can launch a staking pool and work to develop new cover products, which could potentially include:

  • Directors and officers cover
  • Errors and omissions cover
  • Cyber liability cover
  • Weather derivative cover
  • Wildfire cover

Those interested in developing a new cover product and managing a staking pool (i.e., risk management business) can fill out this contact form.

After you submit your inquiry, the product team will contact you to explore potential cover product development for the risk(s) you are interested in offering through the Nexus Mutual protocol.