Venture capital firms, P.E. firms & More
The emergence of the web3 ecosystem has presented investors - both old and new with a plethora of new organizations and asset classes to invest in. This of course carries a fresh set of exposures which organizations must proactively manage in order to limit their downside in the event of unfavorable circumstances.
What Financial Institutions do we insure?
We work with Private Equity and Venture Capital firms along with related financial institutions operating or investing within the wider web3 environment. This includes:
Private Equity Firms
High Net Worth Individuals
Venture Capital Firms
Related Financial Services
Common types of insurance coverage.
Digital Asset Coverage
This form of crime policy protects against the loss of private keys, including the loss of digital assets. It is crucial that organizations holding significant values of crypto or related digital assets insure themselves from financial loss should they be unable to access their cryptographic material.
errors & omissions liability insurance
Errors & Omissions - or professional liability insurance protects an organization against claims of 3rd party financial loss resulting from alleged wrongful conduct on behalf of the firm. This coverage would respond to suits brought forth from investors; partners, clients and related stakeholders alleging professional negligence, misrepresentation or other related wrongdoings.
cyber liability insurance
Cyber insurance protects against the loss associated with hacking and system breaches; including malicious Denial of service and ransomware attacks. Coverage can include the resultant loss of revenue following a system shut-down along with data reparation, client notification and forensic IT costs. This coverage is increasingly present in commercial contracts and recommended for all financial institutions.
directors & officers liability insurance
D&O – or Directors & Officers insurance protects an organization’s board members and management team from personal liability in the event they are sued while serving in their appointed capacity.
Web 3 Focused Insurance Experts
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Directors & Officers InsuranceD&O Liability Insurance protects an organization's directors, officers and senior executives from personal liability that may result from wrongful acts or mismanagement in their appointed capacity. This form of coverage is not unique to the web3 space and is an essential form of protection for decision makers within the company.
Cyber Liability InsuranceCyber liability insurance is an essential form of coverage demanded by those who operate within the web3 ecosystem. More specifically, this protects against the financial impacts of data and privacy breaches, malicious attacks, network outage and related cyber losses.
Crypto Liability InsuranceLike the name suggests, Crypto Liability insurance protects against the financial risks involved with the issuance and custodial aspects of crypto currencies. Coverage is available for both hot and cold wallets and is pertinent form of coverage for those operating in the space.