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    Home»Security & Scams»Insurance Firms Prepare for Kidnapping and Ransom Insurance
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    Security & Scams

    Insurance Firms Prepare for Kidnapping and Ransom Insurance

    Sam Boolman | Crypto Enthusiast and WriterBy Sam Boolman | Crypto Enthusiast and WriterMay 31, 2025
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    Insurance firms prepare to provide kidnapping and ransom insurance

    Lots of digital asset financiers have chosen to ensure security by purchasing kidnapping and ransom (K&R) policies. Crypto financiers were looking for K&R policies due to increased physical attacks seen in recent months. Insurance companies have been …

    Investors have actually looked for crypto insurance and security from insurance coverage business. Insurance coverage companies prepare to offer K&R insurance coverage Ryan Lackey, the CEO of Evertas Insurance, said the right defense for wealthy crypto holders was to have physical security. The vice president of executive threat at Hylant Capital, Andrew Kurt, said he was not impressed to see lots of crypto firms supplying kidnapping and ransom insurance.

    Insurance coverage firms have been preparing these policies for crypto investors. Financiers have looked for crypto insurance coverage and security from insurance companies. Insurance firms prepare to provide K&R insurance coverage Ryan Lackey, the CEO of Evertas Insurance, stated the right security for rich crypto holders was to have physical security. The vice president of executive risk at Hylant Capital, Andrew Kurt, stated he was not astonished to see many crypto firms supplying kidnapping and ransom insurance. Joseph Ziolkowski, the Chief Executive Officer at Relm, said his company has been considering releasing K&R insurance coverage.

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    Sam Boolman | Crypto Enthusiast and Writer
    Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.
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    Sam Boolman | Crypto Enthusiast and Writer
    Sam Boolman | Crypto Enthusiast and Writer
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    Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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