Evertas has snagged the authority to offer mining policy limits of up to $200 million per location.
Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters
London-based Arch Insurance International, a syndicate member of Lloyd’s of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges.
Turns out, it’s pretty difficult to insure crypto users and platforms
A crypto insurance provider will typically assess at least 2,000 variables across 20 risk areas before they even consider insuring a platform, according to an insurance executive.
Morgan Creek Leads $2.8M Seed Round for Crypto Insurance Upstart Evertas
Formerly called BlockRe, the crypto insurance provider raised the seed round from Morgan Creek,Plug n Play, Kailash Ventures and other investors.