The global ILS market surpassed $100 billion in outstanding instruments as of 2024, according to the latest industry data. That capital pool, catastrophe bonds, sidecars, industry loss warranties is already pricing and trading parametric risk at massive scale.
Blockchain takes this one step further: real-time reporting, automated payout mechanisms, and secondary trading of risk pool tokens. Etherisc's tokenized parametric pools on Ethereum are the DeFi frontier of the $100B ILS market, open, liquid, and accessible to any capital provider.