One of the major challenges confronting the cryptocurrency sector is the difficulty in finding insurers willing to cover losses. Along with a generally hardening marketplace, entities in the space must also contend with a dearth of historical data, a wide range of business models and a dense and difficult-to-understand technical underpinning. Combined, these factors are enough to convince most insurers to steer clear of covering cryptocurrency or to price in such uncertainty as to make them cost-prohibitive. “The market is a bit broken,” said Raymond Zenkich, president and COO of Evertas, formerly known as Blo ... (full story)