Drinker Biddle & Reath's Charles Cowan looks at why insurance companies have so far hesitated to work with bitcoin companies.
Bitcoin's security risk will "never be reduced to zero", according to a report released by insurance provider Lloyd’s today.
BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in insurance to customers.
Coinbase has announced it is insured against the theft or loss of bitcoin, with cover via an established broker.
The need for insured cryptocurrency services is obvious, but companies have been loath to touch bitcoin.
The relationship between Lloyd’s of London and bitcoin storage service Elliptic Vault broke down just weeks after Elliptic's launch.
Great American Insurance policyholders can now add BTC coverage against crime in most US states.
The world's first insured bitcoin storage service has launched in the UK, with Lloyd's of London as its underwriter.