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insurance

IMA Financial's Decentraland digs. (IMA)
IMA Financial Plans to Start Selling NFT Insurance in Decentraland
The top-10 U.S. insurance broker is opening its “Web3Labs” research and development facility in the metaverse.
IMA Financial's Decentraland digs. (IMA)

(Tom Carnegie/Unsplash)
Crypto Firm Knox Joins Forces With Canadian Qualified Custodian Tetra Trust
Tetra will acquire some elements of Knox’s business, but Knox will remain independent and focused on crypto custodial technology and insurance coverage.
(Tom Carnegie/Unsplash)

The Lloyd's of London building (Hollie Adams/Bloomberg via Getty Images)
Crypto Insurance Firm Evertas Wins Lloyd’s of London Approval
Evertas, the first such “coverholder” to specialize in crypto wallets, was sponsored by Lloyd’s syndicate member Arch Insurance.
The Lloyd's of London building (Hollie Adams/Bloomberg via Getty Images)

An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)
Anchorage Closes In on FDIC Crypto Custodian Deal, Documents Show
The three-year deal would have Anchorage act as a crypto asset manager and liquidator for the U.S. bank regulator.
An FDIC sticker on the door of a Chase Bank branch in New York (Ben Schiller/CoinDesk)

(Lukas Juhas/Unsplash)
DeFi Insurance Protocol Solace Goes Live
Insurance claims will be automatically validated, and payouts will be made in a single transaction.
(Lukas Juhas/Unsplash)

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DeFi Insurance Platform Tidal Finance Goes Live on Polygon
Launch partners include StaFi, Xend Finance, Marlin, EasyFi and bZx.
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Insurer Pingan Issues Digital Yuan COVID-19 Policies for Medical Staff: Report
Purchasers who pay for their coronavirus coverage with e-CNY can receive discounts.
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Funding
Crypto Insurance Platform Coincover Raises $9.2M as Big Firms Seek Safety
The Series A round led by Element Ventures included DRW Venture Capital and Susquehanna Private Equity Investments.
Funding

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DeFi Insurance Upstart Risk Harbor Goes Live With $3.25M in Seed Funding
Risk Harbor uses on-chain rules and smart contracts to automate payouts for insurance claims.
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6 Insurers Initiate New Cryptocurrency Investment Positions: Report
Insurance firms have been increasing their interest in crypto investments since December.
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