# insurance

Connecting decentralized insurance. Individual protection, collective growth. An Amsterdam-based collection of experts in blockchain and insurance on a mission to become the world's leading decentralized insurance trustmark for the web3.0 economy.

Cozy Finance is a DeFi platform offering protection products for users and liquidity providers against various risks in the cryptocurrency market. It allows participants to either provide or purchase protection, aiming to mitigate the impacts of adverse market events or smart contract vulnerabilities. Cozy Finance uses smart contracts to create a more secure and efficient environment for managing risk in DeFi investments.

Nexus Mutual protocol and token can be used to buy insurance cover, vote on governance decisions, and participate in Risk and Claims Assessments. It is also used to encourage capital provision and represents ownership to the mutual’s capital. As the mutual’s capital pool increases, the value of NXM will increase as well.