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Ico logo etherisc.jpg Decentralized Insurance
Rating 4.3
Team Vision Product
4.8 4.1 4.1


The mission of Etherisc is to build an open protocol for decentralized insurance applications.

Token DIP
Price 1 ETH = 5,000 DIP
Bonus Available
Platform Ethereum
Type ERC20
Accepting ETH
Distributed in ICO 30%
Hard cap 60,000 ETH
Tokens for sale 300000000
Country Switzerland
Restricted areas USA
preICO start preICO end ICO start ICO end
n/a n/a 2018-06-25 15:00:00 2018-07-23 15:00:00


Etherisc’s journey began when two founders Christoph and Stephan met in July 2016 discussing insurance on the blockchain. From there was born in just a few months our first version of a blockchain insurance application – the Flight Delay Dapp in September 2016.

We also applied the same model of parametric insurance to crop insurance based on weather data. We learned parametric insurance works well here because it originates a pre-established payout based on a triggering event, rather than waiting to evaluate and compensate for a specific loss. Our approach proved that smart contracts can reduce operational costs to a level that enables new markets, potentially bringing the benefits of insurance to millions of farmers in developing countries.

In November the same year, we joined, a virtual hackathon, to develop a decentralized market for insurance and reinsurance. We developed a method of using tokens to transfer and trade risks easily, bringing the concept of insurance-linked securities to the blockchain. This is the kind of tokenization of risks we expect companies to create on the platform. We finished the hackathon as the most-funded project, receiving more than 500,000 Hackergold and about 3,000 Ether from early supporters. You can read more about that in our 2016 whitepaper.

At the same time, Etherisc was also awarded as winner in the Blockchain startup contest, sharing the main prize with Status.

In January 2017, we demonstrated a prototype for social insurance on the blockchain as our submission for the Blockchain Virtual GovHack in UAE.

In April 2017, Etherisc won the Blockchain Oscar for “Most Innovative Blockchain Startup”. We also started working with EY to explore the regulatory and legal aspects of setting up and operating an insurance company on blockchain.

In June 2017, Etherisc joined the Enterprise Ethereum Alliance and started the Insurance Working Group there, which Stephan and Christoph chair.

In September 2017, Etherisc won a jury award at ICO Summit in Zürich, Switzerland in the pre-ICO start-up category.

In the final quarter of 2017, we sold more than a hundred flight-delay policies to travelers to the Devcon3 meeting in Cancun, the Blockchain Summit in Zug and the Token Summit in San Francisco.

In December 2017 we founded the Decentralized Insurance Foundation in Zug, Switzerland.


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Christoph Mussenbrock
Co-founder, Protocol & Architecture
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Stephan Karpischek
Co-founder, Ecosystem & Community
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Renat Khasanshyn
Co-Founder, Insurance Products & Revenue

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Marie-Luise Meinhold
Insurance specialist
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Julia Lange
Press relations, Management assistant
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Felizitas Mussenbrock-Strauß
CFO & Human Resources

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Elena Travkina
Director of Engineering
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Kostya Andryanau
Lead Blockchain Engineer for Smart Contracts
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Eugene Melnikov
Blockchain Engineer for Smart Contracts

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Tatyana Kurinskaya
Engineer in Test
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Alexey Lekontsev
Security Infrastructure Engineer
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Andrei Kurochkin
UI/UX Designer of Insurance Products

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Natalia Usenia
Community and Ecosystem Manager
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Vera Reut
Community and Ecosystem Analyst
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Valentina Pashentseva
Developer Content and Thought Leadership

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Siarhei Symanovich
DevOps Engineer
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Ilya Drabenia
Researcher of Risk Models and Full-Stack Developer
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Alexey Kolesnik
Full-Stack Engineer

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Alex Khizhniak
Developer Marketing Manager
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Alexey Matskevich
Full-Stack Engineer
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Saul Hudson
Blockchain Communications Specialist


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Ron Bernstein
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Ralf Glabischnig
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Jake Brukhman

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William Mougayar
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Tobias Noack
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Daniel Zakrisson


  1. Commercial entity (TGE+1 month)
    Found commercial entity, located in Zug, Switzerland, fully or partially owned by the DI Foundation
  1. Commercial insurance entity (TGE+3 months)
    Found first commercial insurance entity in partnership with existing insurance company, to sell insurance into first target market
  1. First insurance policy sold by own entity (TGE+3 months)
    DI Foundation owned entity sells first policy, fully licensed, fully regulated. Flight delay, B2C
  1. Mobile app (TGE+3 months)
    Launch easy-to-use mobile app for flight delay insurance
  1. Ramp up (Starting TGE+3 months)
    Ramp up primary insurance business in a European jurisdiction (the process usually takes 12-18-months)


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Goldman Armando - Competitive Intelligence, Trader, Futurist
Rated on 2018-03-30

Team Vision Product
5 5 5

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Juergen Hoebarth - Managing Director of and
Rated on 2018-06-22

Decentralised insurance will be a big market and Etherisc is with its open protocol on the forefront. The Team includes experts from the Insurance and and as well Developer community. They have as well a good established global network to kickstart there business.

Team Vision Product
5 5 5

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David Drake - Managing Partner
Rated on 2018-04-14

Team Vision Product
4 5 5

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Igor Karavaev - ico advisor and investor
Rated on 2018-06-07

Insurance (like a banking industry) is highly regulated. We see how Ripple and others are trying to penetrate it. So I doubt it is going to be easy to make business here in the near future. I like the team and advisors. And I respect this challenge as well. As to the Whitepaper i see too technical approach there but regulation/marketing data is what i lack in the WP and this bothers me most in this case.

Team Vision Product
5 3 4

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Mofassair Hossain - CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on 2018-06-08

The team and advisory board is very experienced. Working on insurance is big and bigger ... I basically like the vision ... It's a challenging industry too ....... Also they have MVP. Best of luck team looking forward to see success

Team Vision Product
5 4 4

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Tobias Schulz - Investment Manager, Pre-ICO Venture Capital Investor, ICO Advisor
Rated on 2018-06-13

I guess decentralized Insurance is the future.

From your Whitepaper I can see that you accounted for all kinds of situations and included a Reinsurance Pool for Black Swan Events.

Product is not 5 Points because of licensing. For DACH it might be difficult to have your own license, but you could have come up with a Insurance Partner already for a quick start.

Nevertheless, I really like it. Lots of success!

Team Vision Product
5 5 4

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Dennis Oosting - ICO advisor and Founder of Serendipity Blockchain Solutions
Rated on 2018-07-08

Etherisc offers a “decentralized Insurance Protocol for collaborative development of new insurance products”. They want to democratize the insurance market, making insurance fairer. On their platform middle men will almost entirely be cut out, as you only need market demand and good access to the insurance market.

The team has a good background in multiple areas, such as IT, consulting, business development and much more. Additionally, their advisory board has some heavyweights, with Ron Bernstein, CEO of and Augur advisor, William Mougayar, founder and producer of Token Summit, Daneil Zakrisson, Co-founder of and many more.

Etherisc already had their first prototype working in 2016, which was a flight delay insurance and in 2017 it was live again for DevCon3. They will have lots of products, which are all in different stages of development. One can think of social insurance, crop insurance and cold storage insurance of crypto assets.

According to their whitepaper it is necessary for an insurance company to comply with Solvency II. This requires a minimal capital of roughly $10M, operational funds are needed as well which makes the total sum within the range of $12.5M - $15M. I am curious what "level estimate" they will run with, depending on the amount they will raise in the ICO and how this will ultimately impact the project. I understand why they set the softcap at $20M and harcap at $50M, but it is a lot of money and it remains uncertain whether they will be able to raise this much.

Lastly, as it has been told by other advisors before already - I am curious how regulations will impact Etherisc, as they are bringing a new approach to highly regulated market.

Team Vision Product
5 4 4

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Dr. Simon Hassannia - Head of Business Innovation, Advisory, Management Consultant
Rated on 2018-09-08

So far the project has created some interest in dhe dec scene with several new projects, that have been built on top of that protocol.

The insurance industry is a very slow industry with low clock-speed so adoption will take time.

Questionable tokenmetrics due to high hard cap for an dApp approach with low public share.

Team Vision Product
4 3 3

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Benchy - ICO Analyzer Bot
Rated on 2018-10-17

Team Vision Product
0 0 0