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Description

Aon's Digital Asset & Blockchain Team possesses unmatched knowledge in risk management and transfer solutions within this complex industry. They facilitated the introduction of the inaugural Crime policy specifically designed to address cryptocurrency risks and led the way in developing the first cryptocurrency captive, while also establishing benchmarks for the actuarial assessment and analysis of digital assets. The landscape of digital asset risks presents significant challenges, as the market struggles to meet the overwhelming demand. To bridge this gap, Aon has organized a series of informative events aimed at educating global insurance partners, thereby increasing the capacity accessible to companies dealing in digital assets. Additionally, they offer specialized Crime and specie insurance solutions to protect against the theft of digital assets, further solidifying their commitment to this evolving sector. This proactive approach not only fosters a better understanding of the risks but also enhances the overall resilience of the digital asset market.

Description

Insured Finance operates as a decentralized P2P insurance marketplace that facilitates easy claims and swift payouts, built on the robust Polygon network. This platform allows participants to seamlessly request or offer coverage for an extensive range of cryptocurrency assets. With fully collateralized claims, users can expect immediate compensation, thereby safeguarding against vulnerabilities such as bugs and smart contract exploits. Given that tens of millions in USD have been lost to smart contract attacks, Insured Finance serves as a protective measure against these risks. Additionally, users can insure their cryptocurrency holdings on exchanges, mitigating the financial impact of hacks or bankruptcy events that have led to hundreds of millions in losses. The stablecoin sector has expanded to over $25 billion, but it remains susceptible to various hazards, including security breaches and issuer insolvency. Insured Finance enables users to shield themselves against potential stablecoin failures, ensuring their investments are better protected in an unpredictable market. With this innovative approach to insurance, participants can engage with cryptocurrency markets more confidently.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitcoin
Ethereum
Polygon (Matic)
Telegram

Integrations

Bitcoin
Ethereum
Polygon (Matic)
Telegram

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Aon

Country

United Kingdom

Website

www.aon.com/industry-expertise/financial-institution-risk-management/digital-assets-and-blockchain-cryptocurrencies.jsp

Vendor Details

Company Name

Insured

Founded

2020

Website

insured.finance/

Product Features

Alternatives

Alternatives