Business Insurance for Web3

Directors and Officers (D&O) insurance protects a company’s executives and the organization itself against specific claims brought against them. This insurance safeguards the personal assets of directors and officers when they are sued by shareholders, competitors, and investors, among others, for alleged wrongful acts in their company management.

Also known as professional liability, E&O insurance covers Web3 businesses against third-party lawsuits alleging subpar work or service. This type of insurance is particularly valuable for Web3 companies to protect against the financial implications of human mistakes or negligence, budget overruns, or incorrect advice — all of which can lead to expensive legal cases. E&O insurance serves as a safety net in response to these unfortunate incidents.

Cyber liability insurance protects Web3 businesses against lawsuits from electronic activities, such as cyberattacks and data breaches (i.e., ransomware, social engineering, phishing, etc.). In addition to providing a legal defense, it offers numerous recovery benefits. These include assistance with data recovery, compensation for lost income, and expended payroll related to the incident.

Crime insurance is a type of insurance that covers losses resulting from theft, robbery, and other criminal acts. It is vital for web3 companies because they are often targeted by criminals due to the high value of the digital assets they deal with. Crime insurance can help cover the costs of stolen or damaged property, as well as the costs of legal fees and other expenses associated with a criminal investigation.

Digital Asset Insurance offers comprehensive coverage, designed to secure your digital investments against theft, hacking, and other cyber threats. Embrace the digital revolution with confidence, knowing that your valuable assets are protected with our tailored insurance solutions.

Intellectual property insurance covers the costs of defending against and/or pursuing claims of intellectual property infringement and the costs of lost profits and other damages. Web3 companies need this coverage because they are often developing and using new and innovative technologies that are more likely to be the subject of intellectual property disputes.

Employment practices liability (EPL) insurance covers the costs of defending against and settling claims of employment discrimination, harassment, and wrongful termination. This coverage is vital for Web3 companies since they often deal with a remote workforce and may be subject to different employment laws than traditional companies.

We create coverage unique to your company’s business challenges to protect against unforeseen circumstances.

It is crucial in mitigating the risks associated with digital assets and blockchain technology. It offers protection against losses from hacks, fraud, and other cyber threats in the rapidly evolving Web3 space.

This insurance is essential for business models involved in the Web3 economy. This can include cryptocurrency investors, blockchain developers, DeFi platforms, NFT creators, and any entities participating in decentralized networks.

We cover a range of risks, including smart contract failure, exchange exploits, loss of digital assets due to hacking or fraud, operational errors, and regulatory risks.