PostsCommentsPayoutscrypto.insurance (54)in LeoFinance • 5 years agoCrypto Insurance – A Brief Guide For Crypto BusinessesCredit: EdZbarzhyvetsky of Depositphotos In most jurisdictions around the world, the banks provides some kind of insurance protection, usually against theft, for its…crypto.insurance (54)in #dlike • 7 years agoInsurance market adapting to provide digital asset covers | Business InsuranceIn this news article, "cryptoinsurance" is used to mean any kind of liability insurance that is issued to cover the liabilities of a crypto firm, be it exchanges, dealers…crypto.insurance (54)in #dlike • 7 years agoKeeping Your Assets Safe — Crypto Insurance May Soon Become the NormAlthough the heading of the article reads, "................ - Crypto Insurance May Soon Become The Norm", there is nothing in the article to show that it would. The fact that…crypto.insurance (54)in #dlike • 7 years agoGemini now provides crypto’s largest insurance coverageGemini forming a captive insurance company to underwrite its own risks is a wise move given the difficulties in getting the desired coverage from the traditional insurance…crypto.insurance (54)in #dlike • 7 years agoThis Blue-Chip Crypto Insurance Consortium Lacks One Thing – a Sizable Loss - CoinDeskAs much as an insurance company is obliged to pay a legally admissible claim, it is also obliged to reject claims that are legally inadmissible It must be remembered that almost…crypto.insurance (54)in #dlike • 7 years agoCoincover and BitGo Launched a Bitcoin Insurance PlanThis is a poorly reported news or misleading product information by Coincover and BitGo. It says there is an insurance but it appears that no traditional insurance coverage is…crypto.insurance (54)in #dlike • 7 years agoWhy Insurers should Consider Cryptocurrency Insurance?Insurance is a form of risk management where the insured party transfers the risk it faces onto an insurance company in consideration of some money payment called premiums. In…crypto.insurance (54)in #dlike • 7 years agoLedger's Vault Scores $150 Million in Crypto Insurance From Lloyd's Syndicate - CoinDeskThe first thing to note is this insurance does not cover the users of Ledger Nano X, Ledger Nano S and Ledger Nano IOT. It only covers the users of Ledger Vault. Next it is not…crypto.insurance (54)in #dlike • 7 years agoCrypto Insurance a Promising Sector Despite Caution of Major PlayersThe salient points of this article may be summarized as follows: Cyber security is still lacking in its effectiveness despite the advances in technology backing the crypto…crypto.insurance (54)in #dlike • 7 years agoSouth Korean Court: Exchange Must Cover User’s Stolen CryptocurrencyArising from this story, these are the issues/points that we ponder on: It is not clear whether the exchange was sued in contract or negligence. The court seem to have…crypto.insurance (54)in #dlike • 7 years agoCoincover launches cryptocurrency protection to prevent theft and lossThis news report raises several questions. There is no mention of whether the whole of the customer's funds are covered or only a partial amount is covered. It says…crypto.insurance (54)in #dlike • 7 years agoCrypto Insurance Is Growing At an Unprecedented RateAlthough crypto insurance is seeing a rapid growth, the market is still extremely limited in that it only provides coverage to institutions and not individuals. By 'market', we…crypto.insurance (54)in #dlike • 7 years agoCoinbase Is in Talks to Launch Its Own Insurance Company - CoinDeskCoinbase is exploring plans to set up its own regulated captive insurance company with the help of broker Aon, sources told CoinDesk. Our Comments: Captive insurance…crypto.insurance (54)in #cryptoinsurance • 7 years agoCrypto Insurance – A Brief GuideImage by leszekglasner of depositphotos In many jurisdictions around the world, the banks provide some kind of insurance protection, usually against theft, for their…crypto.insurance (54)in #dlike • 7 years agoPan-African Insurer Old Mutual Will Not Insure Mining RigsSouth African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there. One of the main reasons for the…crypto.insurance (54)in #dlike • 7 years agoAon, METACO launch crypto insurance product for banksAon insurance broker is again in the news for having arranged an insurance solution for Metaco, the custody solution provider based in Switzerland. Aon was previously in the news…crypto.insurance (54)in #dlike • 7 years agoCrypto custodian Anchorage says it is offering “end-to-end” insurance coverage for crypto assetsWe have now another crypto custodian claiming that it has procured a crypto insurance coverage that is better than its competitors. In a blog post, Nathan McCauley, Co-founder…crypto.insurance (54)in #dlike • 7 years agoPlaton Finance teams up with CoinPayments to provide a user-friendly crypto payment experience to its usersPlaton Finance, focuses on people with little knowledge of cryptocurrencies and gives them the environment in which they can learn about and use cryptocurrencies. To this end…crypto.insurance (54)in #dlike • 7 years agoCurv announces insurance partnership with Munich ReOn May 10, Curv announced insurance partnership with Munich Re, covering up to $50M of digital assets for their customers of institutional wallet service. Since cryptocurrency…