Inmediate is developing a blockchain-based ecosystem for the insurance industry. The platform will connect insurers, customers, and brokers in a platform that will be enabled by smart contracts. The network will be powered by the Digital Insurance Token (DIT).

Etherisc is building a protocol for decentralized insurance applications that will make the insurance market more transparent and will reduce premiums. The company plans to offer a variety of insurance products to cover natural disasters and other events. Etherisc completed an ICO for their token (DIP) in July 2018.

Opyn is developing an insurance protocol for decentralized finance. The Opyn insurance platform uses the Convexity protocol, which is built on the Ethereum blockchain, and allows DeFi users to create put and call options. The Convexity protocol enables users to earn premiums on their collateral and lets options buyers protect themselves against the systemic risks involved in DeFi investments.