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 […]
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 […]
Evertas, the world’s first cryptoasset insurance company, says investment firms and exchanges focusing on cryptoassets could fail to meet the insurance requirements set by regulatory bodies because of a lack of capacity from insurers for covering these assets and a poor understanding of the risks associated with them. Evertas has analysed Hong Kong’s Securities […]
Evertas, the world’s first cryptoasset insurance company, says the risks associated with cryptoassets are more complicated that the insurance sector perceives. These complexities have contributed to inconsistent underwriting based on factors outside of the risk such as […]
Money, religion and love are all abstract concepts. They only have a value when enough people believe in them, which is one reason why the adoption of banknotes – or promissory notes as the fledgling […]
Evertas, the world’s first cryptoasset insurance company, has announced plans to launch a Managing General Agent (MGA) that specializes in cryptoasset-related theft/loss coverages. “The time is now to start expanding the insurance infrastructure that the cryptoasset space so desperately needs in order to continue […]
Robert Chamberlain has joined Evertas, the world’s first cryptoasset insurance company, as its first Global Head of Intelligence & Investigations. Throughout his career, Robert has directed major corporate intelligence, strategic threat, and crisis management issues for large events, transactions, and operations around the globe. Earlier […]
Evertas, the world’s first cryptoasset insurance company, believes there is less than 0.5% of capacity in the world’s insurance market to cover the value of cryptoassets globally. The company estimates the global insurance industry only […]
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