RYSKEX
Blockchain-based parametric risk transfer marketplace for specialty and commercial lines
Overview
RYSKEX is a blockchain-based parametric risk transfer marketplace serving carriers, institutional investors, and corporate buyers in specialty and P&C commercial insurance. The platform enables the securitization and trading of otherwise difficult-to-transfer risks by representing them as tokenized assets on a distributed ledger, with smart contracts handling automated claims settlement based on predefined parametric triggers.
Core capabilities include AI-driven premium calculation, automated loss evaluation, and peer-to-peer risk exchange without traditional intermediaries. Products span PCyCO, a parametric cyber insurance offering developed during the Lloyd's Lab accelerator program and backed by insurance-linked securities (ILS) structures; parametric carbon credit insurance for institutional investors hedging carbon offset exposure; and Token "X," a blockchain-based digital participation right for institutional market participants launched in 2025. A joint initiative with Arx Veritas introduced a captive parametric cell targeting climate risk, presented at the Connecticut Captive Insurance Forum in 2025.
Founded in Berlin in 2016, RYSKEX raised USD 3.5M in 2025. The company is a Lloyd's Lab alumnus and presented innovations at Lloyd's London in January 2026. Backers include TalentBridge23 Incubator and Lloyd's Lab.
Products & Services
Parametric Risk Transfer Marketplace
The core platform enables institutional participants to securitize and trade insurance risks as blockchain-based assets. Distributed ledger technology eliminates traditional intermediaries, while smart contracts automate parametric claims payments when predefined trigger conditions are met.
Key Features
- Peer-to-peer risk exchange for institutional participants
- Smart contract-based automated claims settlement
- AI-driven premium calculation and loss evaluation
- Tokenized risk assets on distributed ledger
Target Users: Carriers, institutional investors, corporate insurance buyers
PCyCO (Parametric Cyber Insurance)
Developed during RYSKEX's Lloyd's Lab accelerator participation, PCyCO is a parametric cyber insurance product with automated claims payments triggered by predefined conditions rather than traditional loss adjustment. Backed by ILS funding structures.
Key Features
- Parametric triggers for automated cyber claims
- ILS-backed funding structure
- No traditional loss adjustment process
Target Users: Corporate buyers of cyber coverage, insurers
Carbon Credit Insurance
Parametric insurance for carbon credit risks, enabling institutional investors and corporate entities to hedge carbon offset exposure through automated trigger-based claims mechanisms.
Key Features
- Parametric coverage for carbon offset exposure
- Automated trigger-based settlement
- Designed for institutional investors and ESG-focused buyers
Target Users: Institutional investors, corporate sustainability buyers
Token "X"
Launched in 2025, Token "X" is a blockchain-based digital participation right for institutional investors combining capital markets logic with climate impact measurement.
Key Features
- Institutional-scale blockchain participation rights
- AI-powered climate impact measurement
- Combines capital markets and insurance risk transfer
Target Users: Institutional investors
Arx Veritas Parametrics Cell
A joint initiative with Arx Veritas, this captive parametric cell was launched at the Connecticut Captive Insurance Forum in 2025. Built within the Veritas Ex Machina platform, it targets climate risk using real, auditable carbon assets.
Key Features
- Captive parametric structure for climate risk
- Built on Veritas Ex Machina platform
- Auditable carbon asset backing
Target Users: Captive insurance programs, climate-risk buyers
At a Glance
- Founded
- 2016
- Headquarters
- Berlin, Germany
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Specialty Solutions
- Subcategories
- Parametric Insurance Alternative Risk Transfer Blockchain-Based Insurance Climate Risk
- Insurance Verticals
- Specialty/E&S P&C Commercial Reinsurance
- Target Customers
- Carriers, Reinsurers, MGAs/MGUs
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Last updated: 2026-07-18