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Insurance against theft of cryptocurrencies - is already a fact

NEWS_PUBLISH_DATE 11 February 2018
Insurance against theft of cryptocurrencies - is already a fact image

Despite the instability of the cryptocurrency market, three of the largest insurance companies in the global insurance market have launched the offer of insurance against theft of cryptocurrencies - XL Catlin, Chubb and Mitsui Sumitomo Insurance. The annual coverage of crimes against cryptocurrencies is up to $ 25 million.

So far, only three insurance companies offer this type of insurance, however, other insurers are exploring insurance options for companies trading in digital currencies.