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Browse: Home / 2022 / August / 29 / Crypto Insurance Policies ‘Popping Up’ to Meet Frenetic Demand

Crypto Insurance Policies ‘Popping Up’ to Meet Frenetic Demand

By Securities Docket on August 29, 2022, 8:46 am

Companies this year are scrambling to obtain cryptocurrency insurance as a hedge against catastrophic losses, paying dearly for relatively limited protection as they venture into the world of high-risk, high-reward digital assets.

“We’re seeing crypto risk and coverage inquiries from all kinds of companies,” said Jackie Quintal, a director at insurance broker Marsh McLennan. “Crypto is popping up all across financial services, tech, fintech, and other parts of the economy.”

Source: Crypto Insurance Policies ‘Popping Up’ to Meet Frenetic Demand

Posted in Industry, Top | Tagged Cryptocurrency, Insurance

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