Lloyds of London now offers Bitcoin hot wallet insurance

posted 4 months ago
Major insurance firm Lloyds of London is expanding within the crypto industry. The firm now insures internet-connected hot wallets.

Joining forces with crypto-focused insurer Coincover, Lloyd’s underwriter syndicate Atrium aims to extend liability insurance to cryptocurrency wallets held online. The enterprise is designed as a flexible insurance policy— coordinating with the ebb and flow of a volatile market—to combat against rising crypto theft.
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