Rockton introduces new insurance scheme
Independent insurance broker Rockton has introduced a new custody insurance facility for its digital asset clients.
Backed by a Lloyd’s Syndicate and highly rated insurers, the facility will provide full access to London market capacity. It also has a streamlined custody insurance underwriting process and the flexibility to incorporate different limits and cost structures.
Neil Daly, Head of Lockton UK’s emerging asset protection team, said: “Historically, securing that coverage has been difficult, often requiring complex underwriting processes and the involvement of third-party research.
“Our new custody insurance facility will make it easier for companies operating in the digital asset ecosystem to build robust custody insurance programs that better protect their valuable digital assets and effectively serve their customers. We will be able to provide services.”
Sarah Downey, head of global emerging asset protection at Rockton, added that the facility “represents a step forward” in insurance coverage for companies within the digital asset management space.
Rockton introduces new insurance scheme
Source link Rockton introduces new insurance scheme
