LSM Launches Dedicated Crypto Product –
Crypto and digital currencies seem to the be the plan to replace cash, so that purchases can be monitored and ultimately controlled. For insurers there is an opportunity to insure digital assets, for individuals and companies alike;
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, today announces the launch of a dedicated product for financial institutions operating in the burgeoning cryptocurrency market.
The product is designed for European crypto-asset service providers, particularly those compliant with the EU’s Markets in Crypto-Assets directive; a framework established to create uniform rules and better protection for investors. Coverage includes risks related to professional liability, management…
