Munich Re Partners with Fordefi for Insurance Cover on Crypto and DeFi Wallet Firm

Thursday, 16 May 2024, 13:00

Insurance giant Munich Re has provided insurance coverage to Fordefi, a crypto and DeFi wallet firm, in a deal facilitated by Lockton’s Emerging Asset Protection team. This collaboration marks a significant step in ensuring the security of digital asset holdings within the emerging DeFi landscape. Munich Re's involvement highlights the increasing recognition of the importance of insurance solutions in the crypto industry, promoting trust and risk mitigation for market participants.
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Munich Re Partners with Fordefi for Insurance Cover on Crypto and DeFi Wallet Firm

Munich Re Partners with Fordefi

Insurance giant Munich Re partners with Fordefi, a crypto and DeFi wallet firm, to provide crucial insurance coverage. The collaboration, facilitated by Lockton’s Emerging Asset Protection team, signifies a noteworthy development in the evolving DeFi sector.

Lockton's LEAP Team Involvement

Lockton’s Emerging Asset Protection (LEAP) team played a pivotal role in organizing the insurance cover from Munich Re, emphasizing the importance of risk management in the crypto industry.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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