Digital Asset Insurance
In the fast-paced and volatile world of crypto, Canopius is here to provide essential digital asset protection for clients. With the rising popularity of cryptocurrencies like Bitcoin and Ethereum, the need for reliable crypto insurance is vital and an insurance provider that you can trust is key.
What we do
Digital Asset Custody for Custodians and Exchanges
- Dishonesty, fraud and malicious acts of employees, key executives and third party custodians
- Theft and malicious acts by third parties
- Duress and extortion of the client and their family members
- Fraudulent Transfer Instructions
- Computer Fraud
- Physical Loss or damage to private key material including mysterious disappearance
Mine Operators
- Physical loss or damage to mining hardware
Digital Art (NFTs) for institutional and private collectors
- Physical loss or damage to artistic media
- Theft and physical loss or damage to private keys
What sets us apart
- We work closely with our clients to develop long-standing, transparent relationships and to provide bespoke coverage for their evolving needs
- The team at Canopius is focused on providing the highest levels of service with quick, flexible and consistent decisions
- Our dedicated in-house claims team has the ability to adjust claims of any size or complexity
Capacity
$130m
Speak to one of our specialist underwriters
FAQs
Can I insure my cryptocurrency?
Yes, you can insure your cryptocurrency holdings with Canopius with our cryptocurrency fraud protection. We offer essential protection for digital asset holders against various risks such as unauthorized access to digital wallets, cyberattacks on cryptocurrency exchanges, errors in transactions, and more.
How much does crypto insurance cost?
The cost of crypto insurance can vary depending on factors such as the amount of coverage needed, the type of cryptocurrency assets being insured, the level of risk associated with those assets, and the specific terms and conditions of the insurance policy.
Canopius provides tailored coverage options to meet the evolving needs of our clients. Speak to one of our specialist underwriters for a tailored crypto insurance policy quote.
Is crypto insurance worth it?
Whether crypto insurance is worth it depends on individual circumstances and risk tolerance. For investors, custodians, and traders involved in the cryptocurrency market, having blockchain insurance protection can provide peace of mind and financial security in the event of unforeseen incidents such as cyberattacks, theft, or errors in transactions.
Canopius offers reliable crypto insurance solutions that can help mitigate risks associated with holding and trading digital assets.
Is your money protected in crypto?
While cryptocurrency insurance can provide protection against certain risks, it’s important to note that investing in or holding cryptocurrency carries inherent risks, and insurance may not cover all potential losses. Unlike traditional bank deposits, cryptocurrencies are not typically insured by government-backed schemes such as deposit insurance. However, opting for reputable crypto insurance providers like Canopius can help mitigate specific risks associated with holding digital assets.
