FEBRUARY 25, 2014, COINDESK, Bitcoin security specialist BitGo has announced a new partnership with Innovation Insurance Group and XL Group that will enable it to offer $250,000 in theft insurance to customers who opt in to the program. The coverage will protect BitGo‘s web wallet and platform API clients from errors resulting from its technology, processes […]
BitCoin Financial Group Designs and Sells First-Ever Bitcoin Theft Insurance Policy
Bitcoin Financial Group, LLC provides Bitcoin Security Leader BitGo with First-Ever Bitcoin Theft Insurance Policy purchased through Global A-Rated Insurance Provider FEBRUARY 25, 2015, NEW YORK. BitCoin Financial Group, LLC announced the first successful design and purchase of a true Bitcoin Theft Insurance Policy. BitSecure™, a proprietary insurance policy designed by the Company was […]
CIO Review: Insuring Bitcoin Technology by Ty Sagalow (March 2015)
CIO REVIEW MAGAZINE, (MARCH 9, 2015) In the mid to late 1990s, the insurance industry was struggling with “the Y2k crisis”, not only in connection with its own systems, but more importantly, with the systems of all their policyholders. As the Chief Underwriting Officer of one of the largest subsidiaries of one of the largest […]
