Lloyd’s of London, a UK-based insurance market, has partnered with Coincover for launching an insurance policy to protect cryptocurrency held in online wallets against theft or other hacks.
Coincover is a fintech/insurtech startup in Cardiff, supported by Development Bank of Wales and Welsh Angel Investors, that assists businesses and consumers to buy, hold, accumulate, transfer, and spend cryptocurrency. It was launched at the beginning of March 2020, backed by a consortium of Lloyd’s of London insurers.
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