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 […]

Emerging Risk

Quick Question; Do You Know How to Underwrite Cryptoassets Risk?

No, neither do we here at IE magazine. It is a confusing and rapidly evolving sector of the global finance and monetary system, but there is demand for asset protection of course. Now Evertas, the […]

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 […]

Global insurance trends

Evertas Calls For More Capacity on CryptoAsset Insurance

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 […]

Global insurance trends

Cryptoasset and Blockchain Insurance Needs More Capacity

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 […]

Global insurance trends

Can Crypto Assets Go Mainstream Without Insurance?

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 […]