Marco Mirabella
CEO
Ensuro
Ensuro operates as a digital reinsurance platform connecting capital to insurance coverage through embedded protection solutions. The company leverages blockchain technology to facilitate regulated general and digital asset reinsurance business. This infrastructure provides partners with transparent and efficient mechanisms for accessing and deploying insurance capacity.
- Blockchain & Cryptocurrency
- Financial Technology
- Insurance Technology
- Software Only
Updated 6 months ago
Funding
Raised to date
$5.3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Traditional insurance and reinsurance models often face limitations in capital efficiency and transparency, hindering innovation and accessibility for both investors and insurance providers. Meeting minimum capital requirements can be a significant barrier for insurance startups, while investors lack easy access to insurance risk investment opportunities.
Solution
Ensuro provides a blockchain-based (re)insurance platform that leverages decentralized finance (DeFi) to enhance capital efficiency and transparency in the insurance market. Licensed by the Bermuda Monetary Authority, Ensuro uses smart contracts and stablecoins to manage risk and provide underwriting capacity for Insurtech companies. This approach allows both retail and institutional liquidity providers to invest in insurance risk and receive stablecoin-denominated returns. By connecting DeFi capital with real-world insurance needs, Ensuro enables faster payouts, lower operational costs, and more accessible and reliable protection solutions.
Target Audience
Ensuro primarily targets Insurtech companies, MGAs (Managing General Agents), and insurance brokers seeking efficient underwriting capacity, as well as retail and institutional investors interested in accessing insurance risk as an alternative investment.
Features
- Licensed and regulated (re)insurance company operating on the blockchain
- Stablecoin-denominated capacity managed by smart contracts for transparent and efficient risk management
- Decentralized capital provided by liquidity pools, open to both retail and institutional investors
- Parametric insurance solutions offering automated payouts based on predefined parameters
- Integration with Decentralized Finance (DeFi) protocols for enhanced capital efficiency
- Support for various insurance products, including CFAR (Cancel For Any Reason), weather guarantees, and deductible waiver coverage
- Partnerships with Insurtech companies to develop innovative and customized insurance solutions
- Compliance with regulatory standards for digital asset businesses