Large insurance broker Aon entered the cryptocurrency market

Aon, one of the world's largest insurance brokers, has formed a group of specialized companies that will deal with the cryptocurrency insurance of Metaco's clients. It is reported by CoinDesk .

Thus, the group consists mainly of European insurers, and it is not known from which of them exactly. She will develop a cryptocurrency asset insurance solution, which she will later offer to her Metaco users.

In Aon, they say that the product provides for coverage of losses in the event of various insurance claims – from the destruction of private keys in a cold storage to natural hotkeys as a result of natural disasters.

Note that Metaco startup develops solutions for the storage and management of digital assets. So, recently it became known that the company together with the Swiss subsidiary of Gazprombank will launch a service for managing cryptocurrency.

The head of work with financial institutions at Aon Zhalkin Quintal noted that recently the demand for cryptocurrency insurance solutions has increased. This is due to the growing interest of financial institutions in custodial solutions for digital assets.

Recall earlier it became known that the leading insurance company in Africa Old Mutual, by contrast, refused to insure the equipment for the extraction of cryptocurrency because of the high risks and the speculative nature of the industry.

Subscribe to the BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.