Canopius Cryptocurrency Insurance
Bitcoin Insurance
Canopius is a Lloyd's of London managing agent and one of the leading underwriters of cryptocurrency risk. In March 2025, Canopius underwrote a $100 million Bitcoin custody insurance facility for Onramp Bitcoin. They provide specialized coverage for custodians, exchanges, and institutional Bitcoin holders against theft, collusion, and key compromise, conducting rigorous due diligence on multisig custody infrastructure.
Details
- Underwriter
- Canopius (Lloyds of London)
- Coverage Limit
- Up to $1B+ market capacity
- Denominated In
- USD
- Insurance Type
- Cryptocurrency Custody Insurance (Underwriter)
- Notable Client
- Onramp Bitcoin ($100M facility)
Links
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