The increased use of cryptocurrency and the expected growth in its use have created a substantial marketplace for crypto coverage. Recent research suggests that 30 percent of U.S. small and medium-sized businesses accept cryptocurrency as payment for goods and services.
Digital asset losses may result from theft, hacking, failure to protect others, and even intellectual property infringement. Some risks may be addressed by traditional insurance and others under policies tailored to digital assets.
When losses occur, businesses, investors, and exchanges are looking to their insurers to address losses and claims related to cryptocurrency and NFTs. All participants will be looking to their counsel for answers about the complex coverage issues related to insurance for digital assets.
Listen as this experienced panel of digital asset and insurance coverage counsel guides counsel through types of losses, traditional coverages that may apply, existing and emerging specific cryptocurrency insurance policies, and other related issues.
Credit Information
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
Live Online
On Demand
Date + Time
event
Tuesday, December 6, 2022
schedule
1:00 p.m. ET./10:00 a.m. PT
Outline
Overview of digital assets
Types of losses and liabilities related to digital assets
Coverage issues under traditional insurance products
Coverage issues under policies designed for cryptocurrency
Coverage issues for NFTs
Benefits
The panel will review these and other key issues:
What are covered claims and losses related to NFTs and cryptocurrency?
What exclusions apply to losses related to NFTs and cryptocurrency?
What acts of the policyholder might vitiate coverage?
