AnchorWatch, an insurer specialising in bitcoin custody, has received a Lloyd’s of London Coverholder position.
This milestone solidifies AnchorWatch’s position in the emerging market of insured bitcoin custody solutions.
The firm will officially open for business in December 2024, with binding authority of up to $100 million per customer, aiming to safeguard the wealth of American retail and institutional investors.
This designation signifies AnchorWatch’s adherence to Lloyd’s rigorous standards of compliance, governance and operational excellence.
These help ensure customers receive world-class insurance solutions backed by the most respected name in the industry.
Lloyd’s of London, renowned for its centuries-long tradition of underwriting complex and innovative risks, operates through a network of Coverholders, who are trusted partners authorised to underwrite policies on behalf of Lloyd’s syndicates.
