Insurance
Crypto Insurance Platform Coincover Raises $9.2M as Big Firms Seek Safety
The Series A round led by Element Ventures included DRW Venture Capital and Susquehanna Private Equity Investments.
DeFi Insurance Upstart Risk Harbor Goes Live With $3.25M in Seed Funding
Risk Harbor uses on-chain rules and smart contracts to automate payouts for insurance claims.
6 Insurers Initiate New Cryptocurrency Investment Positions: Report
Insurance firms have been increasing their interest in crypto investments since December.
DeFi Risk Assessor Sherlock Raises $1.5M in Pre-Seed Funding
The fundraising was led by IDEO CoLab Ventures, with participation from A.Capital Ventures, Scalar Capital and DeFi Alliance.
Opium, UMA to Launch Decentralized Insurance for SpaceX Flights
Opium is to offer a DeFi derivatives contract allowing users to hedge against the risk of a failed SpaceX launch.
You Can Soon Pay for Car Insurance With Bitcoin
There's now one more thing you will be able to buy with bitcoin: car insurance. San Francisco-based insurance startup Metromile wants to be the first to allow customers to pay with bitcoin, as well as be paid for insurance claims with bitcoin. Dan Preston of Metromile joins "First Mover" to discuss how Metromile works.
Auto Insurer to Allow Policyholders to Send, Receive Payments in Bitcoin
San Francisco-based Metromile will purchase $10 million worth of bitcoin to offer policyholders an option for payment of claims.
Insurance Alternative Nexus Mutual Follows DeFi Activity to Polkadot, Cosmos, Binance Smart Chain
The Ethereum-based platform for covering losses from DeFi hacks and other flubs is expanding to other chains.
BitGo Adds $600M in Insurance Capacity to Comfort Big-Time Bitcoin Holders
Bolstered by a wave of institutional crypto investors, BitGo is in a race against its peers to add insurance coverage.
AXA Switzerland Allows Customers to Pay in Bitcoin
The insurance provider says it will have the crypto converted into Swiss francs, instead of carrying BTC on its balance sheet.
