ICO Etherisc

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.