Keeping Cryptocurrency Secure | Aon
More than $1.3bn has been stolen from cryptocurrency exchanges since the first Bitcoin block was mined in 2009, with an average of $2.7m of crypto assets stolen every day in 2018. While robust security is imperative for anyone wishing to hold digital assets, insurance is also helping to reduce the r…

With more than $1.3 billion stolen from cryptocurrency exchanges since the first Bitcoin block was mined in 2009, robust security is imperative for anyone wishing to hold digital assets. Insurance is another layer that can help to reduce the risk of loss to investors however the variety of policy wordings, and exaggerated claims of what is insured has lead to skepticism around any insurance product holding weight.

Aon provide their view of what the market appetite is for crime insurance, specie insurance, and what is included or excluded in both types of insurance product.

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