Should Insurance Firms Pay More Attention to ICOs? Last year, China made a decision to outlaw Initial Coin Offerings (ICOs) in the country. China’s main reason for this was the increase in cases of pyramid schemes masquerading as ICOs in the country. The government also considered the ICO structure of raising funds illegally. What are […]
Bitcoin Risk
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Advisen.Ltd Nominates BitSecure(tm) as its 2015 Cyber Risk Innovation of the Year
April 20, 2015 (New York). Advisen, Ltd, a well known leader in insurance education and insight announced their nominees for the 2015 Cyber Risk Awards. Innovation Insurance Group along with XL Group was nominated as this year’s Cyber Risk Innovation of the Year for its new to the market BitCoin Theft Insurance policy, BitSecure™. BitSecure […]
RIMS 2015- FOR003- Bitcoins: The Next Cyberinsurance?
Session: FOR003- Bitcoins: The Next Cyberinsurance? Day/Date: Tuesday, 4/28/2015 Time: 11:30am – 12:30pm (60 minutes) General Overview of Session: There are more than 13 million bitcoins—more than $8 billion—involved in tens of thousands transactions every month. Bitcoins have been recognized as virtual currency by the U.S. Treasury Department and deemed taxable property by […]
Bitcoin acceptance is growing, as is the need for insurance cover
On March 1, Grayscale Investments announced that it had received regulatory approval from FINRA to trade its Bitcoin currency on an electronic platform operated by the OTC Markets Group. Experts believe this could pave the way for more stability in the price of Bitcoin. Here, Ty Sagalow, president of Innovation Insurance Group, discusses recent developments […]
“The Rise and Fall of Bitcoins”- 2014 Tribeca Film Festival
Following its high-profile debut at the Tribeca Film Festival, the bitcoin documentary The Rise and Rise of Bitcoin saw a worldwide release via ‘on demand’ on October 14, 2014. Localised in 21 languages, audiences will be able to watch the feature-length production through 250 content platforms including iTunes, Amazon, Google Play and Comcast. Dish Network, which recently became […]
