Etherisc is building a platform for decentralized insurance applications. We use blockchain technology to make the purchase and sale of insurance more efficient, enable lower operational costs, and provide greater transparency into the industry. Corporates, large and small, not-for-profit groups and insurtech startups can all come together to provide better products and services across the whole insurance value chain.
We aim to use blockchain technology to help make the purchase and sale of insurance more efficient; enable lower operational costs; provide greater transparency into the industry compared to traditional operations; and democratize access to reinsurance instruments.
Blockchain can provide the means to disintermediate the market with a peer-to-peer risk platform that helps insurance return to its roots as society’s safety net. We even envisage new groups building their own bespoke insurance risk pools and services on the platform. And Etherisc will be a fully-compliant, fully licensed insurance platform for the emerging blockchain economy.
Common infrastructure, product templates and insurance license-as-a-service make a platform that allows anyone to create their own insurance products.