InsurePal is an insurance platform. It is peer to peer and decentralized. Here a web of trust like system is formed. Insurances are based on social proof endorsements. The local token IPL will be the fuel of the platform. It will be used to adjust incentives between various stakeholders in the insurance marketplace. The marketplace will also be self regulated. Less trusted or risk prone users will automatically be excluded. Over $18 million was raised in an ICO to help fund the development of the platform.