Lloyd’s has launched a new insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000, was created by Lloyd’s syndicate Atrium in conjunction with Coincover to protect against losses arising from the theft of cryptocurrency… Continue reading Lloyd’s Launches New Cryptocurrency Wallet Insurance Solution for Coincover
Tag: cryptocurrency insurance
Coinbase Is In Talks to Launch Its Own Insurance Company
Cryptocurrency exchange Coinbase is in talks to set up its own regulated insurance company with the help of insurance broker giant Aon, industry sources told CoinDesk. Establishing “captive” insurance subsidiaries, wholly owned by the firm being insured, is a time-honored way for corporations to reduce costs and improve access to reinsurance markets (a form of… Continue reading Coinbase Is In Talks to Launch Its Own Insurance Company