Blockchain Hurricane Insurance Policy Launched In Puerto Rico

Announcements, Blockchain | April 25, 2018 By:

Decentralized insurance platform Etherisc has developed a blockchain insurance product that will provide hurricane damage cover for the residents of Puerto Rico.

The need for a decentralized policy to cover natural disasters arose from the many small businesses and low-income households that were hit by Hurricane Maria and experienced delayed claims and refusals to pay out policies from traditional insurance companies.


Etherisc Offers Blockchain Flight Delay Insurance For Devcon3

News | October 30, 2017 By:

Swiss decentralized insurance platform Etherisc has launched a blockchain-based flight delay insurance for visitors traveling to Devcon3, the key developers conference in the ethereum community, which will be held next month in Cancun, Mexico.

Underwritten by Atlas Insurance PCC Limited, the blockchain-based flight delay insurance will automatically reimburse travelers via smart contract when flights fall behind schedule.