> For the complete documentation index, see [llms.txt](https://adamdavidlong.gitbook.io/lawsnap-guide-to-smart-contracts/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://adamdavidlong.gitbook.io/lawsnap-guide-to-smart-contracts/people/companies/etherisc.md).

# Etherisc

Etherisc is a Swiss-based startup that offers [crop insurance](/lawsnap-guide-to-smart-contracts/applications/smart-contract-use-cases/insurance/crop-insurance.md) and flight delay insurance

## Etherisc Makes First Payouts Via Smart Contracts

On August 16, 2021, Etherisc announced that they had "successfully built a fully automated end-to-end solution to process ACRE’s Bima Pima Insurance product" and that "The first payments were processed on Wednesday July 14th directly through the system designed and built by Etherisc together with ACRE Africa and will be visible on-chain." \[[1](/lawsnap-guide-to-smart-contracts/people/companies/etherisc.md#sources)]

## Industry news coverage 

From [Artemis](https://www.artemis.bm/?s=etherisc)

## Sources

\[1] Etherisc, [Etherisc and Acre Africa Announce First Payouts through blockchain based platform with over 17,000 Kenyan Farmers insured during First Season](https://blog.etherisc.com/etherisc-update-etherisc-and-acre-africa-announce-first-payouts-through-blockchain-based-platform-a0c5194214f4), 2021-08-16