Protectiq

What Protectiq does

Protectiq is a private for-profit company founded in 2017 and self-described as a blockchain-based peer-to-peer insurance platform intended to provide coverage in the fight against terminal diseases. The company positions itself as a 'first-of-its-kind' P2P insurance model, implying that risk is pooled across participants rather than underwritten by a traditional carrier, with blockchain referenced as the underlying ledger or settlement layer. Its founder and CEO, Sergey Shayakhmetov, is the only documented member of leadership.

The company operates at a micro scale: headcount is reported in the 1-10 employee band, no funding rounds are disclosed, no products or services are itemized in the source data, and no customer, partnership, geographic, or revenue figures are available. The only external link provided points to a redirect/tracking URL on protectiq.com that resolves to unrelated content about free IQ tests, indicating the primary web presence does not currently expose substantive company information. Consequently, the practical operating status, regulatory standing, technology stack beyond the blockchain/P2P framing, and commercial viability of Protectiq cannot be verified from the available data.

Name

Protectiq

Website

https://protectiq.com

Company type

Private

Founded year

2017

Headcount range

1–10 employees

Short description

Protectiq is a privately held, pre-scale company founded in 2017 that describes itself as a blockchain-based peer-to-peer insurance platform targeting coverage for terminal diseases, led by founder and CEO Sergey Shayakhmetov.

Ownership category

akta.pro rank

Product category

Peer-to-Peer Insurance

NAICS

Other Insurance Funds (52519), Direct Property and Casualty Insurance Carriers (524126)

SIC

Insurance Agents, Brokers & Service (6411), Finance Services (6199)

akta.pro primary industry

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH)

akta.pro secondary industries

Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI), Digital Asset Risk, Security & Audit Tooling (Smart Contract Audit, Threat Monitoring) (FSAGAMAJ)

Keywords

• Peer-to-peer insurance
• Blockchain insurance platform
• Critical illness coverage
• Decentralized insurance
• Health insurance technology

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Core offering

Protectiq operates a blockchain-based peer-to-peer (P2P) insurance platform designed to provide coverage for terminal and critical illnesses. The platform leverages distributed ledger technology to enable individuals to pool risk and transact insurance directly with one another, bypassing traditional insurance intermediaries. The company's stated mission is to save lives by enabling access to financial protection against terminal diseases.

Differentiator

Problem solved

Functional benefit

Products and services

• Protectiq P2P Insurance Platform
• Terminal Illness Insurance Coverage

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• Etherisc: Decentralized insurance platform building parametric and traditional insurance products (flight delay, crop, hurricane) on blockchain. Directly comparable as a protocol-layer p2p insurance builder pursuing real-world risk pools.
• Nexus Mutual: Decentralized, member-owned insurance protocol built on Ethereum that lets users buy cover against smart-contract and protocol risks. Most directly comparable to Protectiq's blockchain-based p2p insurance concept, though focused on crypto risks rather than health.
• Bridge Mutual: Decentralized coverage protocol for smart-contract and stablecoin risk, with a p2p underwriting model. Comparable in model (p2p, on-chain underwriting) and in Web3-insurance category.
• InsurAce: DeFi-native insurance protocol offering coverage for smart contracts, stablecoins, and exchanges. Comparable as a blockchain-based insurance platform serving crypto and increasingly real-world risks.

Broad incumbents

• Lemonade: AI-driven, direct-to-consumer insurance carrier operating at scale across multiple lines. Relevant as a tech-forward incumbent that Protectiq would compete against for the same digitally native insurance customers.
• MetLife: Global insurance and employee benefits incumbent with established critical-illness and life products. Represents the legacy competitor Protectiq's p2p critical-illness offering would need to displace.
• Allianz: One of the world's largest insurance and asset management groups, with critical-illness and life products globally. Sets the benchmark scale and regulatory infrastructure Protectiq would need to match.

Emerging players

• PolicyPal: InsurTech startup using blockchain for policy management and claims. Comparable as an early-stage blockchain insurance player targeting consumer insurance distribution, though with a more traditional product mix.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

• Xx.com/protectiq

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Protectiq