Breach Insurance

Breach Insurance is a global insurance underwriter based in Boston and Bermuda, established in 2019.

The company specializes in regulated insurance solutions tailored for the crypto economy, addressing the insurance needs in the digital asset and Web3 space. It operates as a Bermuda-domiciled Class IIGB insurer and a US-licensed Managing General Agent and Third Party Administrator, enabling it to serve clients worldwide and handle transactions in cryptocurrency. The company offers cyber insurance solutions focused on emerging risks, particularly protecting against crypto asset theft, exchange hacks, and fraud. Its flagship product, Crypto Shield, is the first regulated insurance product for retail crypto investors, providing coverage of up to $1 million for over 20 cryptocurrencies. Breach Insurance also develops customized policies for Web3 firms and cryptocurrency exchanges, addressing unique sector risks. With a proprietary policy issuance and administration platform, the company aims to enhance user experience in managing their insurance needs.