About Us

Etherisc is a pioneer in parametric blockchain insurance. Our cutting edge platform allows you to easily create and distribute innovative parametric insurance products on the blockchain

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Products

Crop protection

Insurance for safeguarding farmers' crop investments.

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USDC depeg protection

Mitigating risks in cryptocurrency markets.

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Train delay protection

First decentralized insurance. Payouts are automatic and almost instant.

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Carbon credit protection

Safeguarding against carbon credit market shifts.

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Flight delay

Reimbursement for flight delay expenses.

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Health insurance

Coverage for medical expenses and healthcare services.

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Rain / Travel weather protection

Coverage for trip interruptions due to adverse weather

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Hurricane insurance

Coverage for hurricane-related property damage.

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Natural disaster insurance

Financial protection against natural calamities

Life insurance

Financial security for loved ones upon the policyholder's death.

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Travel Delay Protection

First decentralized insurance. Payouts are automatic and almost instant.

Demo video ↗

Others coming soon

Other services will also be available soon

Roadmap and Priorities

July 28, 2016

The beginning

founded by Christoph Mussenbrock and Stephan Karpischek

September 19, 2016

Flight Delay DApp

Flight Delay DApp presented at the Ethereum developer conference Devcon2 in Shanghai

November 28, 2016

1st prize

Etherisc wins Blockchain Startup Contest in Graz

December 16, 2016

Whitepaper

Released a first version of our whitepaper for review

July 23, 2018

Token Generating Event Finish

45,478,958 DIP tokens were distributed to 280 contributors

January 24, 2019

GIF release

Generic Insurance Framework is released under a free and open source license

July 1, 2019

Crop insurance live

Aon, Oxfam, and Etherisc launch agricultural insurance for farmers in Sri Lanka

July 1, 2020

New Legal Model

Etherisc's new legal model approved by German Financial Authority

November 14, 2020

Support from Chainlink

Chainlink makes it possible to start the crop insurance project with ACRE Africa in Kenya

December 14, 2020

Support from Ethereum Foundation

Aya Miyaguchi highlighted the potential of blockchain technology in the area of inclusive finance

January 15, 2021

Support from Mercy Corps Ventures

Mercy Corps Ventures joined Chainlink and Ethereum Foundation to support ACRE Africa crop insurance initiative

April 1, 2021

MVP for crop insurance in Kenya ready

The initiative aims to provide 250,000 farmers in East Africa with insurance coverage

July 14, 2021

First Payouts to farmers

The first payments have been processed directly through the system designed and built by Etherisc in tandem with ACRE Africa and are visible on-chain.

August 31, 2021

Community Supported Insurance (Saxony)

Start of the CSI Project in Saxony

September 1, 2021

Introducing the GIF Monitor

A Visualization of the GIF. Allows all actors to develop and deploy their own products on our platform.

January 20, 2022

FlightDelay protection live

A blockchain-based flight delay protection product that autonomously issue policies and execute payouts for travelers who experience flight delays or cancellations.

February 22, 2022