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 […]

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 […]