Please take a moment to read this special message from our sponsor, Founder Shield.
As a player in Cryptocurrency, you know full well this industry is ever-changing, making risk management imperative for longevity. For this reason, we've partnered with CoinSnacks to create a risk management playbook, exploring innovative solutions and supporting your unique evolution.
#1 Understand the Unique Risks Facing Crypto
Knowing what you're up against is half the battle in risk management. So, it's no surprise that data protection and privacy controls are top priorities in this space, with cyber threats bombarding it relentlessly. Crypto companies are also increasingly more vulnerable to the theft, disappearance, or destruction of owned or held assets.
Lastly, regulatory uncertainty is a massive exposure for the directors and officers of Crypto companies. These leaders risk investor lawsuits and SEC legal cases due to ICOs, securities violations, or misrepresentations, to name a few.
Just take a look at some high-profile cases this year:
Protect Yourself Against Incidents Like These
Our Cryptocurrency Risk Management Guide dives into the legal climate, risk management and the insurance policies your Crypto company needs.
#2 Get the Right Insurance Coverage for When Things Go Wrong
The right protective measures are imperative in an industry as susceptible as Crypto — but these measures don’t prevent every loss. Here are some unique policies to protect you if things go awry.
Digital Asset Insurance This recently developed insurance product is tailored specifically for custodians, combining crime and cyber liability coverage in a hybrid design. It provides a source of indemnification for the loss of digital assets from client accounts stored in both “cold” and “hot” storage.
D&O insurance This coverage protects Crypto companies and their executives if someone sues either or both. Allegations against directors and officers run rampant nowadays; however, most cases stem from mismanagement of the company.
We’re a risk management partner for rapidly evolving, high-growth companies. Our mission is to create the best possible experience for purchasing insurance and managing risk for your company.
We’re a tech-enabled, boutique broker focused exclusively on insurance solutions for emerging industries and niche insurance products. Our team of experts provides continuous guidance and support to ensure you purchase coverage that makes sense for your business.
We take a hands-on approach with our underwriter relationships, training them to understand our client’s culture, values, and organizational approach. Our suite of tools and emerging industry experience gives us the unique ability to set our clients up for the present and create a clear game plan for the future.
