Protect your business from
risks insurance won't cover
Prophet has got your back when insurance won't: your FDA approval, pending court decision, merger or acquisition, tariffs and more. Your downside is protected when it matters most.
Vertex Pharmaceuticals (VRTX)Phase 3 PDUFA Approval
Real risks, real-time pricing
From biotech readouts to antitrust rulings, our markets provide live probabilities and immediate liquidity for corporate events.
Vertex PharmaceuticalsPhase 3 PDUFA Approval
Kroger / AlbertsonsFTC Merger Approval
Federal ReserveRate Cut > 25bps (March)
Covering risks
you didn't know could be
We underwrite bespoke contracts to your needs. Pending FDA approvals, tariffs hitting your imports, mergers getting blocked and more.
Protect against pending drug approvals, clinical trial outcomes, or regulatory decisions that could impact your business.
Hedge against tariffs hitting your imports, trade policy changes, or international regulatory shifts.
Coverage for merger approvals, court decisions, shareholder votes, and other binary corporate events.
From inquiry to protection
A streamlined process designed for speed and simplicity. Get protected in days, not months.
You reach out
Share your risk scenario with us
We draft terms
Custom contract tailored to your event
Match & agree
We find qualified counterparties
Protection active
Funds secured, you're protected
You reach out
Share your risk scenario with us
We draft terms
Custom contract tailored to your event
Match & agree
We find qualified counterparties
Protection active
Funds secured, you're protected
Simple process
We create a custom contract for your specific event. Everything is legal and safe.
Share your risk
Tell us about the event that poses a risk to your business. FDA approval, tariff decision, merger outcome, or court ruling.
Custom contract
We draft a bespoke contract tailored to your specific event. Clear terms, verifiable outcomes, no ambiguity.
Match & execute
We connect you with qualified counterparties. All parties are vetted businesses meeting regulatory standards.
You're protected
Funds secured in escrow. Contract active. Your downside is now protected when insurance can't cover it.
Clear results
Contracts pay out based on clear, verifiable facts. FDA letters, court decisions, public announcements.
Safe money
All money is held safely by a trusted third party. No risk of losing money if the other party has problems.
Legal
Uses standard legal frameworks. Works with your existing business systems.
Risks you didn't know
could be covered
We protect against binary events with clear, verifiable outcomes. From regulatory decisions to trade policy—if it can be objectively determined, it can be covered.
Requirements
- At least $10 million in assets
- A regulated financial company
- A large corporation
- An investment fund
Regulatory
- FDA approvals
- EMA decisions
- Tariff announcements
- Patent rulings
Trade & Policy
- Import tariffs
- Trade agreements
- Sanctions
- Policy changes
Legal
- Court decisions
- Arbitration outcomes
- Settlement rulings
- Jury verdicts
Corporate
- M&A approvals
- Merger completions
- Shareholder votes
- Antitrust clearances
Risk management,
reimagined
We're building the future of corporate risk transfer. Our platform enables businesses to protect against binary events that traditional insurance can't cover.
Built for institutions
Designed specifically for businesses with sophisticated risk management needs. We understand your challenges.
Move fast
Get protection in days, not months. Our streamlined process means you're covered when you need it most.
Expert team
Our team combines deep expertise in risk management, legal frameworks, and market structures.
Ready to protect
your business?
Get a custom quote for your specific risk scenario. Our team will respond within 24 hours.
For institutional and qualified businesses only
We focus on what works
Legal and safe
We follow all the rules. Only for qualified businesses. Our legal structure has been reviewed by experts.
Backed by experts
Our advisors include people from major financial companies.
Clear contracts
The contract is what matters. Our contracts are clear, legal, and can pass any review. We only promise what we can deliver.