Etherisc is developing insurance processes and products on the blockchain to make insurance highly automated, standardized, transparent, and provably fair. Their first product was flight delay insurance on Ethereum in 2016. They are also developing crop insurance and aim to create a decentralized insurance market through a token model. Etherisc has had successes including winning startup contests and establishing partnerships for licensed blockchain insurance. The founders have extensive experience in banking, insurance, IT, and consulting.