0 sec
Parametric Payout
90%
Claims Automated
$29B
Market by 2031
100%
On-Chain Audit
Use Cases
Parametric Insurance
Like Arbol's crop insurance—automatic payouts when rainfall drops below threshold. Chainlink oracles verify, smart contracts pay.
Flight Delay Insurance
Like Etherisc's FlightDelay—instant USDC payout when FlightAware data confirms delay. No claims, no paperwork.
Microinsurance
Like BIMA's $0.50/month mobile insurance for emerging markets. Embedded in apps, instant coverage, M-Pesa payouts.
DeFi Insurance
Like Nexus Mutual—smart contract cover for DeFi protocols. Pooled risk, transparent reserves, community governance.
Features
Chainlink & API3 oracle integration
ERC-20 policy tokens
Automated claims via smart contracts
Instant USDC/USDT payouts
Weather, flight, earthquake data feeds
Embedded insurance APIs
Community risk pools
Transparent on-chain reserves
Integrations
ChainlinkAPI3FlightAwareTomorrow.ioUSGSEtheriscNexus Mutual
Ready to get started?
Talk to our team about how Lux can power your insurtech infrastructure.