Category
  • DeFi Apps
  • Fintechs
  • Infrastructure Providers
Use Cases
  • Asset Tokenization
  • US Dollar Access
Circle Products Used
  • USDC
Blockchains Supported
  • Polygon PoS
On/Off-Ramps
  • Yes
Platform
  • Web
Free/Paid
  • Free
Region
  • APAC
  • Europe
  • LATAM
  • Middle East and Africa
  • North America
Country
  • Bermuda
Support
Ensuro

Blockchain-based, licensed, (re)insurance.

Ensuro is a Blockchain-based (re)insurance company, licensed by the Bermuda Monetary Authority.

We curate real-world risk and provide stablecoin-denominated capacity managed by smart contracts. This allows anyone to invest in insurance risk and reap its benefits. By opening up the insurance market to new players, we fuel innovation for established and upcoming insurance partners.

Use Cases

ResilientGrowth: A Crop Protection Product in Kenya

The product protects farmers in case of drought or excess rain during the seeding period. The protection is bundled within a loan given to the farmers to purchase seeds and fertilizers. The payout allows farmers to purchase new seed and fertilizer to replant their crops.

Spot: A Flexible Cancellation Policy for Experience Reservations

Customers can cancel their experience for any reason and receive a 90% refund. Policies with an average duration of 2 weeks allow for very dynamic and efficient pricing. Distributed through major U.S. experience booking websites including Peek.com.

Koala Flex: A Flexible Cancellation Policy for Travel Reservations

Customers can cancel their trip for any reason and receive an 80% refund on the trip cost. Sold B2B or B2B2C as a revenue protection for travel companies. Distributed through major European search engines.

Revo: Parametric Rainfall Protection in Italy

Revo is a publicly listed insurance company from Italy focused on parametric insurance. We have a 50% quota share agreement in one of their products. The product protects users against excessive rainfall that can affect business activities or events. The payment is triggered automatically based on oracle information.

StormStrong

With StormStrong, a U.S.-domiciled company, we developed a hurricane resilience program for households on the East Coast. If a hurricane strikes within a certain predefined distance from the members location, Ensuro immediately pays a resilience contribution to the member.

This site contains content and information, including links to other sites and resources, that was prepared by third parties ("Third Party Content") who are not affiliated with Circle or any of its affiliates (collectively "Circle"). Circle makes no representations on the accuracy, suitability, or validity of Third Party Content. As such, Circle is neither responsible nor liable for any Third Party Content, including any errors, omissions, or delays, or for any actions taken in reliance upon any Thirds Party Content. Reference to any specific company, product, service, or website of any third party does not constitute an implied or express endorsement, recommendation, favoring or validation by Circle. All content provided is for educational and informational purposes only. Circle shall not be liable for any damage or loss relating to use of, or reliance upon, the Third Party Content.

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