Insurance giant WTW moves into crypto asset recovery with Redefind buy

In recent developments, the global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs. Looking closer, market participants…

Reports suggest Iran is mulling Hormuz ‘insurance’ scheme, paid in Bitcoin

In recent developments, screenshots of a website called “Hormuz Safe” have been circulating on social media, which offers “digital insurance” for ships passing through the Strait of Hormuz. Looking closer,…

Bitcoin Insurance for Persian Gulf Cargo: Iran Launches Hormuz Safe, Claims $…

In recent developments, iran’s Ministry of Economic Affairs and Finance has allegedly launched a bitcoin-powered maritime insurance platform called Hormuz Safe, ostensibly targeting cargo owners transiting the Strait of Hormuz…

Relm Insurance Launches Crypto and Cannabis Kidnap Coverage

In recent developments, relm Insurance has launched a specialized kidnap and ransom insurance product specifically for the Web3 and cannabis sectors. Key Takeaways: Relm Insurance launched a K&R product to…