Insurers Denying Coverage to FTX-Linked Crypto Firms as Contagion Risk Mounts December 19, 2022 By Noor Zainab Hussain and Carolyn Cohn Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX, leaving digital currency traders and...
Update: Amazon Launches Home Insurance Comparison Website for UK Customers October 19, 2022 By Carolyn Cohn and Rhea Binoy Amazon.com Inc. is launching a home insurance portal in Britain and has signed up three big-name insurers as it pushes...
Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses May 13, 2022 Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product,...
Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount November 19, 2021 By Carolyn Cohn LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove...
Amazon to Offer Insurance to Small and Medium-Sized UK Businesses: Broker September 27, 2021 By Carolyn Cohn Amazon.com Inc is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into...
Insurers Have Not Yet Embraced Cryptocurrency Craze Despite Demand April 1, 2021 By Noor Zainab Hussain and Carolyn Cohn If Elon Musk’s Tesla wanted to insure all of its recent $1.5 billion bitcoin investment against the myriad of pitfalls...