TGE Registration

Decentralized Insurance

Efficiency and automation
Smart contract technology enables end-to-end automation of payments, efficient risk model estimation, and semi-automated claims processing, thus substantially lowering operating costs.
Access for Insurance Customers
Lower costs enable insurance solutions for developing markets, low-income businesses, and new product verticals which have been previously unable to obtain insurance. For example, crop insurance for rural farmers in developing countries is an underserved market and a good candidate for further exploration.
Access for Insurance Investors
Digital assets on blockchains create opportunities to structure exposure to insurance products for a much broader range of investors.
On most blockchains, transparency is a platform-level feature. All data in a smart contract based system is publicly auditable and can be freely analyzed by third parties. Etherisc will also provide a user friendly, comprehensive frontend displaying the key performance indicators of the system.

Why Etherisc

Build decentralized insurance applications
Make the purchase and sale of insurance more efficient
Enable lower operational costs
Increase transparency and fairness of insurance


What is Etherisc.png

What is Etherisc

Etherisc is building a platform for decentralized insurance, plain and simple. But we also understand it is not so straightforward to grasp the various elements that go into making Etherisc. Read this 17-page paper outlining our vision and summarizing what Etherisc is.

White paper

White paper

Etherisc's mission is to build decentralized insurance applications, making the purchase and sale of insurance more efficient, enabling lower operational costs, increase transparency of insurance compared to traditional operations, and democratize access to reinsurance investments.

More details can be found in our whitepaper.

Token mechanics

Token mechanics

In the "Token mechanics" document we present a token model for a decentralized insurance platform. Together with a consumer-facing insurance application, this shows how a decentralized insurance system could work on the blockchain.

White paper 2016

White paper 2016

A decentralized insurance and reinsurance marketplace.

Our Team

Core team

Christoph Mussenbrock
Co-founder, Protocol & Architecture
Stephan Karpischek
Co-founder, Ecosystem & Community
Renat Khasanshyn
Co-Founder, Insurance Products & Revenue
Marie-Luise Meinhold
Insurance specialist
Julia Lange
Press relations, Management assistant
CFO & Human Resources
Elena Travkina
Director of Engineering
Kostya Andryanau
Lead Blockchain Engineer for Smart Contracts
Eugene Melnikov
Blockchain Engineer for Smart Contracts
Tatyana Kurinskaya
Engineer in Test
Alexey Lekontsev
Security Infrastructure Engineer
Andrei Kurochkin
UI/UX Designer of Insurance Products
Natalia Usenia
Community and Ecosystem Manager
Vera Reut
Community and Ecosystem Analyst
Valentina Pashentseva
Developer Content and Thought Leadership
Siarhei Symanovich
DevOps Engineer

Extended team

Ilya Drabenia
Researcher of Risk Models and Full-Stack Developer
Alexey Kolesnik
Full-Stack Engineer
Alex Khizhniak
Developer Marketing Manager
Alexey Matskevich
Full-Stack Engineer
Saul Hudson
Blockchain Communications Specialist


Ron Bernstein
Ralf Glabischnig
Jake Brukhman
William Mougayar
Tobias Noack
Daniel Zakrisson



Subscribe for Updates


What is a TGE?

TGE stands for “Token Generating Event”. We prefer using this term over “ICO” or “token sale”. During the Etherisc DIP TGE, DIP tokens will be created on the public Ethereum mainnet.

When is the TGE?

The start date of the DIP TGE is not yet defined, we currently expect to start in the first week of April. Look out for the updates at Etherisc blog and twitter, join the community discussion on Telegram and subscribe to our newsletter.

What is DIP?

DIP stands for the Decentralized Insurance Protocol and also for Decentralized Insurance Platform. The DIP ​token​ ​is​ ​a protocol token and an​ ​integral​ ​part​ ​of​ ​the Decentralized​ ​Insurance​ ​Platform. You can read more about the DIP token, the protocol and the platform in the Etherisc 2017 whitepaper.

Why do I need to register for the TGE?

With insurance we are entering a highly regulated business area, and we want to make very sure that we fully comply with Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) requirements.

How can I register for TGE?

You can start the registration process at When you start the registration process, you will be asked to read and agree to the TGE terms and conditions and accept the privacy policy. You also need to provide an Ethereum address. After providing an Ethereum address you will be asked to identify yourself and go through Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) procedure.

What is KYC and AML? How does it work?

With insurance, we are entering a highly regulated business area, and we want to make very sure that we fully comply with the recently published Swiss ICO guidelines and in particular with Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) requirements.

We will use two service providers, IDnow GmbH in Germany to identify individual contributors, and Swiss based KYC Spider AG and to check compliance with AML regulations. In the IDnow process you will show identification documents to a human agent and verify their authenticity in a video call. The call should take you about 3 minutes. You will receive an email notification as soon as the identification process and all checks are successfully passed.

Please note that IDnow works only for individuals, natural persons. If you want to contribute as a legal entity, please contact our support team per email: [email protected].

Please note that only Ethereum addresses from contributors who successfully pass KYC and AML will be whitelisted, and only ETH transactions from whitelisted addresses will be accepted in the TGE

Does everyone need to go through KYC?

Yes, all participants in the DIP TGE need to register and identify themselves.

What should I have in place before the registration process?

The registration and identification process includes showing your identification documents to a human agent during a video call. So, please prepare in advance:

  1. Ethereum address
  2. ID document
  3. Google Chrome or mobile app with
  4. Access to camera/microphone on your computer / mobile phone
  5. Stable Internet connection for at least 10 minutes.

You can start the registration process at When prompted, send a support request to our team with the information on the planned amount and the entity to contribute. We have different KYC/AML processes for individuals and legal entities.

I am from the USA, can I participate in the TGE?

Only Accredited Investors are allowed on a limited basis and subject to minimum amount of contribution in TGE.

Who is an Accredited investor?

Accredited Investors is a term used by the US SEC. In the United States, to be qualified as an accredited investor, one must have a net worth of at least $1,000,000, excluding the value of one's primary residence, or have income at least $200,000 each year for the last two years (or $300,000 combined income if married) and have the expectation to make the same amount this year.

Where do I get my Ethereum address?

Ethereum address is a public wallet address. If you are using Metamask plugin Ethereum address can be found as Account (it starts with 0x).

Please make sure that the Ethereum address will be able to receive and transfer tokens. Please don’t register with addresses from exchanges or from smart contracts which can’t move tokens. The standard Ethereum clients and normal wallets holding addresses where you are in control of the private key are fine, e.g. Parity, MyEtherWallet or MyCrypto, Jaxx, to name just a few.

How do I know that my Ethereum address is able to receive and transfer tokens?

To make sure that the address you use is able to receive and transfer tokens, don’t register with addresses from exchanges or from smart contracts which can’t move tokens. The standard Ethereum clients and normal wallets holding addresses where you are in control of the private key are fine, e.g. Parity, MyEtherWallet or MyCrypto, Jaxx, to name just a few.

Can I get a bonus?

A Bonus is only available for early contributors (ECs) who agree to lock up their tokens for a year after TGE. In addition of the DIP Tokens allocated to them as a result of the TGE, Early Contributors who have signed an Early Contribution Agreement and who have agreed to lock up the allocated DIP Tokens for twelve [12] consecutive months after the TGE shall receive an additional ten [10] % of the already allocated DIP Tokens as a long-term commitment bonus (“Bonus”). In addition, the first Early Contributors who have signed the Early Contribution Agreement up to a total sum of contributions of USD 10 million [USD 10,000,000] (i.e. all the individual Contributions from the first Early Contributors together amount to USD 10 million) and who agree as well to lock up the allocated DIP Tokens for twelve [12] consecutive months after the TGE shall receive an additional fifteen [15] % of the already allocated DIP Tokens as an early commitment bonus (“Additional Bonus”). The Bonus and Additional Bonus amount together to a total of twenty-five [25] % of the DIP Tokens allocated as a result of the TGE. The Bonus and Additional Bonus Tokens will be locked for 12 consecutive months.

How to become an early contributor (EC)?

Early contributors are friends, advisors, and larger and institutional contributors who reached out to us asking to support us. Larger contributors in general means amounts higher than USD 100,000. To apply to become an early contributor, you can contact Etherisc directly by sending an email to [email protected].

It is only possible to become an early contributor no later than one week before TGE date, due to handling reasons. To be an early contributor you need to sign an early contributor agreement which gives you the opportunity to define an individual cap for the whitelisting. ECs can also opt in to lock up tokens for a year for a bonus.

I think I am an early contributor (EC), what do I have to do?

If you are already listed as an early contributor, you will receive the Early Contributor Agreement (ECA) by email. We will start sending out ECAs on February 23rd, 2018. If you are among the first to sign the ECA with lockup period and return the signed ECA to us per email you will get an additional bonus (25% total bonus until the total contribution amount in locked of USD 10M). If you do not receive this email or for all other questions please contact the etherisc team by sending an email to [email protected].

Can I transfer DIP Token to a not registered Ethereum address after TGE?

After the TGE, we will perform some security checks to ensure that everything went smooth and safe. Then we will unlock the transfer function of the tokens. Token can be transferred to any address, unless you decided to lock up your tokens.

I am from XYZ country, can I participate in TGE?

Here is the list of supported countries by our KYC provider. Please check, if your country is on it. If the answer is yes, here are the supported ID documents you can provide during the KYC process.

If it is not on the list, please first accept our apologies for the inconvenience, and - second - open a ticket with our support team by sending an email to [email protected] to list your country as a candidate to enable in the KYC process as soon as possible.

This does not guarantee that your country will be added. But we will collect and prioritize countries based on demand, and come back to you when we have a solution for expanding the list of supported countries. We are already working to increase the number of listed countries.

Why is my country not supported by the KYC provider?

The KYC process in Germany (where Etherisc is based) and Switzerland (where Etherisc TGE will be held) is highly regulated.

The regulation authorities do not only require the identification as such, but have established rigid standards for the process. In it, the identification documents (ID) are verified, and at least 3 of the document’s security properties are checked. The verifying agents have specific procedures for every available security property, and three are chosen randomly.

That means, that for every type of ID, the agents have to know its properties and how to check them. Currently over 60 different IDs are supported with around 300 different security properties. Each checking procedure has to be learned by about a hundred agents, along with appropriate auditing procedures.

Therefore, the addition of further ID Documents and countries is basically an economic decision for KYC service providers - they simply decide on the foreseeable number of identifications per country. The whole setup is coined for German and Swiss banks and financial services.

With our TGE, we naturally don't fit particularly well in this setup, because our participants are distributed all over the world. We have been aware of the implications, but because of the legal uncertainties we decided to go a very strict path, at the risk of excluding possible interested participants.

Due to the new guidelines of the Swiss FINMA we now have more clarity on the obligations. The Decentralized Insurance Foundation will become member of a Swiss self-regulating organization (SRO) for KYC and AML. We are currently exploring if this could give us additional options to do KYC/AML and extend the range of countries which we can admit.