About Riskify

Revolutionizing Risk Transfer Through A Programmable Digital Marketplace

We're building the future of risk transfer by creating a transparent, efficient, and accessible marketplace for catastrophe risk. Our platform eliminates traditional barriers, reduces costs, and democratizes access to reinsurance markets.

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The Reinsurance Challenge

The global reinsurance market is worth over $400 billion annually, yet it remains one of the most inefficient and opaque financial markets in the world. Traditional reinsurance processes are plagued by manual workflows, limited transparency, and significant barriers to entry.

$400B+
Global Reinsurance Market
60-90
Days to Settle Claims
25-40%
Operational Overhead
$210B+
Uninsured / Protection Gap

Our Story

Riskify was born from a deep recognition of the inefficiencies in catastrophe reinsurance and the untapped potential of technology to solve them. Our outside-in perspective revealed how capital constraints, opaque pricing, and infrastructure gaps inspired a new approach to modernizing risk transfer

2022

The Catalyst

While researching property insurance markets along the U.S. Gulf Coast, our founder uncovered deep-seated inefficiencies in the traditional reinsurance market, sparking the idea for a new approach.

2023

The Technological Blueprint

We recognized blockchain’s potential to address reinsurance’s biggest pain points — illiquidity, opacity, and inefficiency — by enabling standardized, collateralized, and tradable risk contracts.

2024

Building the Foundation

We began the development of the Riskify platform, translating our vision into a functional product. In consultation with industry veterans, we focused on the core components: smart contracts, automated settlements, and accessible risk participation.

2026

The Platform Goes Live

Culminating years of research and development, the Riskify marketplace will launch, revolutionizing how catastrophe risk is transferred globally.

Our Mission
To democratize access to reinsurance markets by creating a transparent, efficient, and accessible platform that enables real-time risk transfer. We're eliminating traditional barriers and reducing costs while maintaining the highest standards of security and compliance.
Our Vision
A world where risk transfer is as simple and accessible as any other financial transaction. We envision a future where insurance companies, reinsurers, and investors can seamlessly participate in a global marketplace for catastrophe risk.

Our Core Values

Security First

We prioritize the security of our platform and the protection of our users' assets through advanced blockchain technology and rigorous security protocols.

Transparency

Every transaction on our platform is transparent and verifiable, ensuring trust and accountability in all risk transfer activities.

Accessibility

We're committed to making reinsurance markets accessible to a broader range of participants, from traditional insurers to individual investors.

Innovation

We continuously push the boundaries of what's possible in risk transfer, leveraging cutting-edge technology to solve complex industry challenges.

The Problem & Our Solution

Current Industry Challenges

  • Limited Liquidity: Reinsurance and ILS securities suffer from low trading volumes and limited market participation
  • High Structuring Costs: Complex legal and administrative processes drive up costs for all participants
  • Slow Settlements: Claims can take 60-90 days to settle, creating cash flow issues
  • Opaque Pricing: Lack of transparency in pricing and risk assessment
  • Barriers to Entry: High capital requirements and regulatory complexity limit participation
  • Inefficient Dispute Resolution: Lengthy and expensive arbitration processes

These inefficiencies resulted in $500B+ of unmet risk transfer demand in the U.S alone over the last 10 years, leaving many risks uninsured and increasing costs for everyone.

Riskify's Revolutionary Solution

  • Fractional Risk Participation: Enable micro-investments in reinsurance contracts
  • Smart Contract Automation: Automated settlements and claims processing
  • Real-Time Trading: 24/7 marketplace for risk transfer
  • Transparent Pricing: Market-driven pricing with full visibility
  • Reduced Barriers: Lower capital requirements and simplified onboarding
  • Integrated Secondary Market: Liquidity for existing positions

Our platform reduces operational costs by 60-80% while increasing market efficiency and accessibility for all participants.

Our Technology Stack

Riskify leverages cutting-edge blockchain technology and advanced analytics to create a secure, efficient, and scalable reinsurance marketplace.

Blockchain Infrastructure
Built on Ethereum with Layer 2 scaling solutions for high throughput and low transaction costs. Smart contracts handle all risk transfer logic automatically.
Advanced Analytics
Machine learning models for risk assessment and pricing, providing real-time insights and market intelligence to all participants.
Security & Compliance
Multi-layer security architecture with regulatory compliance built-in, ensuring safe and compliant operations across jurisdictions.

Our Impact

Riskify is transforming the reinsurance industry by addressing fundamental inefficiencies and creating new opportunities for market participants.

For Insurance Companies

  • Faster access to reinsurance capacity
  • Reduced costs through automation
  • Greater transparency in pricing
  • Improved cash flow from faster settlements

For Reinsurers

  • Access to new sources of capital
  • Reduced operational overhead
  • Better risk diversification
  • Increased market efficiency

For Investors

  • New asset class with uncorrelated returns
  • Fractional participation opportunities
  • Transparent risk assessment
  • Liquid secondary market

Our Team

We're a team of insurance professionals, blockchain developers, and financial experts committed to revolutionizing the reinsurance industry.

Cyrus Moazami

About Cyrus

Former data science professional who grew up in an (re)insurance family. Passionate about leveraging blockchain technology to solve real-world financial challenges.

Experience

  • 5+ years experience in ML/AI engineering
  • 3+ years in Smart Contract Development
  • 5+ years in geospatial modeling
  • M.S in Management Science and Engineering from Columbia University
  • B.A in Economics from McGill University
  • Univeristy of Oxford, Exeter College
Jesse Benedick

About Jesse

Leader of large-scale catastrophe response operations, excelling in disaster management, strategic partnerships, and team development while driving innovation and results.

Experience

  • 19+ years in P&C claims
  • 13+ years leadership experience across CAT response, appraisal, and daily claims
  • Award-winning leader, Team of the Year (2023), multiple Achieving Claims Excellence (ACE) awards, and Super Star/Spot On recognition at Citizens.
  • CPCU (Ongoing); Associate in General Insurance; Associate in Claims (2012)
  • B.A. in Psychology from University of Central Florida (2004)
Michael Barnett

About Michael

Proven leader in catastrophe insurance operations, excelling in claims strategy, reinsurance, and organizational transformation while driving efficiency, resilience, and innovation.

Experience

  • 16+ years leadership experience with Citizens, Liberty Mutual, and Allstate
  • Directed $2B catastrophe response at Citizens, overseeing 1,000 adjusters and 80,000 claims
  • 5+ years in geospatial modeling
  • National conference speaker (PLRB, industry forums); PLRB Weather Advisory Board member
  • Expert witness in insurance litigation; Lean, Six Sigma, and Scrum Master certified
  • B.A. from Stetson University; MBA from Louisiana State University

Ready to Transform Your Risk Transfer?

Join us in revolutionizing the reinsurance industry. Learn more about our technology and discover how Riskify can benefit your organization.

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