Web3 is rapidly changing the global business landscape. This is causing traditional financial and commercial institutions to focus their attention on digital assets and a new breed of cryptocurrency, digital asset and blockchain companies which are challenging the space.
This brings new and unique risk challenges including:
- Regulatory uncertainty
- Protecting first and third-party assets
- Protecting crypto mining infrastructure and interruption to operations
- Availability of loss information
- Cryptocurrency price volatility
Effectively managed risk for blockchain and digital asset companies allows them to take full advantage of growth and innovation opportunities the space presents.
WTW’s digital asset practice takes a consultative approach to helping our clients manage digital asset risk. We utilise the deep knowledge of our global team to define risk strategy and design tailored risk transfer solutions for our clients.
Digital asset risk strategy
With a focus on businesses entering the blockchain and digital asset space for the first time, our team of specialist consultants will work with you to qualitatively and quantitively assess impact on your current risk framework and insurance portfolio. We provide recommendations on how to (re)structure your programme to most effectively manage the nascent risk presented.
Digital asset risk transfer
Our placement experts with a combined specialist knowledge of specific areas of insurance and the digital asset space will work with you on the most suitable programme design for your business and risk objectives. This includes but not limited to:
- Directors and Officers Liability insurance
- Crime insurance
- Vault (specie) insurance
- Cyber insurance
- Errors and Omissions
Disclaimer
WTW offers insurance-related services through its appropriately licensed and authorised companies in each country in which WTW operates. For further authorisation and regulatory details about our WTW legal entities, operating in your country, please refer to our WTW website. It is a regulatory requirement for us to consider our local licensing requirements.
