News

Celeb Twitter Hack Shows How Cyber Risk is Everywhere

The potential for a hacked tweet from a senior business figure’s account to move a company’s share price was highlighted on Wednesday after a dozen high-profile celebrities had their Twitter accounts hijacked. Darren Thomson, Head […]

InsureTech

Evertas Completes Seed Stage Funding Round

Evertas, the world’s first cryptoasset insurance company, has completed a Seed Stage funding round and raised $2.8 million. The funding round was led by Morgan Creek, who were joined by Plug n Play, Kailash Ventures, RenGen, […]

InsureTech

Coincover Secures Funding; Aims to Grow Cryptoasset Insurance Offer

The cryptocurrency market is heating up with significant growth in 2020 and a new wave of potential crypto investors ready to join in. But there is just one thing keeping them from taking the plunge […]

Insurance Regulation

FCA Reveals More CryptoAsset Buying – Is It Time Insurers & MGAs Got Stuck In?

An estimated 2.6 million UK consumers have bought cryptoassets at some point, new FCA research reveals. As UK banks continue to offer abysmal interest rates and the stock market offers relatively high risks until a […]

News

Evertas Research Sees Growing Demand for Cryptoasset Insurance

With the cryptoasset and blockchain markets growing rapidly, new research (1) from Evertas, the world’s first cryptoasset insurance company, reveals 88% of senior insurance executives see this market as attractive for insurers over the next five years. […]

Emerging Risk

Evertas Now Licenced for Crypto Assets Insurance

Evertas, one of the world’s first cryptoasset insurance companies, has received its licence from the Bermuda Monetary Authority to start operating from the jurisdiction.  It will operate as a ‘Class 3A’ insurer. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss of cryptoassets, with a view to securing a […]

News

GK8 Teams Up With Aon UK on Crypto Asset Insurance Project

GK8, the high-security custody solution for safeguarding and managing digital assets, announces its product is now insurable via Aon UK Ltd utilising insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s […]

News

FCA Takes Action Against Cypriot Investment Scammers

The FCA has taken action to stop four Cypriot investment firms from continuing to offer high risk contracts for difference (CFDs) to UK investors. It appears that these firms used unauthorised celebrity endorsements on social […]