Pioneer, leading blockchain platform revolutionising the build, purchase and sale of parametric insurance. Powered by Ethereum. $DIP
Joined November 2016
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African Risk Capacity promoted Jackline Muthengi to CUO, from within ARC's own team. The continent that started with no parametric infrastructure now promotes its own parametric leaders.
ARC covers 26.4 million people, has paid $250M+ in sovereign parametric payouts, and is building native African expertise to expand it further. Etherisc's Kenya programme has been doing the same at the farmer level since 2021. Local data. Local team. Local payouts.
Ecuador's legislature introduced parametric insurance provisions into law. Then the Ministry of Agriculture launched a weather index pilot for smallholder farmers. Chile did it in 2025. New York in January 2025. Ecuador in 2026.
Every country that legally recognises parametric opens a new market Etherisc's GIF can serve from day one, no local licensing delay, no carrier approval. Just deploy. The legal map is expanding. The protocol is ready.
Nepal's Council of Ministers approved a mandate for a $80M–$190M parametric earthquake cat bond with the World Bank. First-ever catastrophe bond for Nepal. South Asia's first seismic risk cat bond.
The 2015 earthquake killed 9,000. The parametric response next time will be automatic and immediate. Etherisc builds the same trigger logic for any seismic zone, without a World Bank mandate process. Just a smart contract and an oracle.
A power event knocked Google Cloud's London zone offline for over five hours today, causing errors across the full region.
Parametrix, the cloud outage parametric insurer, commented immediately. This is exactly the event AIG's parametric cloud cover, launched in August, was built for.
Etherisc builds the same trigger logic on-chain. Cloud goes down past the threshold → oracle confirms → smart contract pays → done. No claim form required.
Arbol: technology-led parametric re/insurance launched a dedicated Innovation Unit in October, 2026, to expand into new climate and weather risk categories. Arbol and Etherisc are building the same fundamental product: oracle-triggered, automated parametric insurance, from different architectures:
Arbol: centralised MGA, institutional clients, AI-driven pricing.
Etherisc: open-source protocol, any developer can build on it, permissionless access.
They're not competitors. They're building parallel layers of the same infrastructure, Arbol for institutions, Etherisc for everyone. Both accelerating simultaneously grows the total market for parametric insurance. That benefits Etherisc's ecosystem and every farmer it protects.
Parametric cover featured alongside AI and drones as one of the defining transformation trends discussed at ITC Vegas panels this week; America's largest InsurTech conference. When the biggest InsurTech conference in the US dedicates panel time to parametric as a transformation trend, the category has definitively entered mainstream industry consciousness. Not as an alternative product. Not as a niche solution. As one of the forces reshaping the entire market.
Etherisc has been building the blockchain execution layer for parametric insurance since 2016. The conference recognition is nine years in the making. The mainstream arrived at the destination Etherisc always pointed toward.
Hurricane Simon tracked across Mexico this week, but remained just outside the parametric trigger zones defined in Mexico’s catastrophe bond programme. No trigger. No payout. And that’s exactly how the product is designed to work.
Parametric insurance pays when a predefined threshold is crossed, not simply because a storm occurs. Simon didn’t meet the required conditions. This is basis risk in practice: a storm can happen without triggering a payout. It’s a known trade-off in parametric insurance, highlighting why transparent triggers and well-designed coverage matter.
At Etherisc, we’re working to make insurance more accessible, transparent, and efficient through decentralized insurance solutions. Events like this highlight why reliable data, clearly defined triggers, and thoughtfully designed insurance products are essential to building trust in parametric insurance.
Read more: artemis.bm/news/hurricane-si…
Lockton published analysis this week confirming that "buyers face more scrutiny as global heat risks strain the insurance market." The scrutiny is coming in both directions:
→ Insurers scrutinising risks they're uncertain how to price.
→ Buyers scrutinising whether coverage will actually respond when heat impacts hit.
Traditional property insurance doesn't trigger for heat events unless physical damage occurs. Workers who can't work because of dangerous temperatures get nothing. Businesses that lose productivity during a heatwave recover nothing.
Parametric heat insurance triggers on verified temperature thresholds: regardless of physical damage, and pays for income loss, operational disruption, and community impact. Swiss Re called parametric heat insurance a key tool three weeks ago. Lockton confirmed heat is straining the market this week. Etherisc builds the smart contract heat trigger. The market is asking for it.
The World Bank just signed a mandate agreement to explore a parametric earthquake catastrophe bond that could provide $80M to $190M in rapid, fully collateralised disaster risk financing. First-ever catastrophe bond for Nepal. First-ever cat bond covering South Asian earthquake risk.
The World Bank Group Treasury will work with the Government of Nepal and market participants to assess the feasibility and potential structure of such a transaction. Nepal sits on one of the world's most active fault systems. The 2015 Gorkha earthquake killed 9,000 people and caused $7 billion in damage.
A parametric cat bond means: earthquake exceeds a defined ground-shaking threshold → $80M to $190M in capital markets funding releases to Nepal's treasury automatically. Etherisc builds the on-chain version of this trigger-to-payout logic: for any seismic zone, any wallet, without a World Bank mandate agreement.
The Bermuda Monetary Authority's new PSPI framework: implementing Q4 2026, requires all parametric insurance contracts to use "transparent triggers" as a legal requirement. Transparent: meaning the trigger logic is visible, auditable, and verifiable by the policyholder.
Here's Etherisc's track record on this:
→ Every Kenya crop insurance trigger is encoded in a public Ethereum smart contract
→ The GIF Monitor displays every trigger event live, permanently
→ Chainlink's oracle data writes are permanently recorded on-chain
→ Any farmer, any regulator, any researcher can audit every payout decision for free.
Bermuda is writing regulation to require what Etherisc has been providing since day one. When the regulator's standard is your baseline, you're ahead of the curve, not scrambling to comply
