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Dimmil is leading the charge against climate-related disasters by developing parametric insurance products powered by blockchain. We aim to respond in real-time to people affected by major disasters using smart contracts that execute automatically and disburse payments immediately. No claims application, no long verifications, no last-minute adjustments. Policyholders sign up for coverage. This is converted into a smart contract on our blockchain platform and connected to verifiable climate data sources. In the even of a disaster, as soon as a threshold is reached, the smart contract automatically executes and releases payments to your crypto wallet or your bank account. Our aim to do provide what traditional insurance companies have failed at: a fast, automated insurance package for climate-related disasters anywhere in the world. Let's talk!
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