Crime / fidelity · hot wallet
Crime.
Cover for assets exposed in motion or online — warm and hot wallets, transfers and the operational float that has to stay live.
Crime, or fidelity, cover responds where value is connected to the internet and therefore reachable: hot wallets, withdrawal queues, transfers and transit. It is priced for the higher exposure that connected systems carry.
Crime and specie are structured together so that no link in the custody chain — at rest, in transit, or live — is left without a line behind it.
What it responds to
- External hacking and unauthorised electronic theft of digital assets
- Fraudulent transfer and instruction fraud
- Internal and external fraud, including insider collusion
- Social-engineering loss directed at staff with access
What's typically excluded
- Loss of value from market movement or de-pegging
- Unaudited smart-contract / protocol exploits
- Theft facilitated by controlling principals, once proven
- Failure to maintain the security controls warranted at placement
Who it's for
Exchanges and custodians running operational hot wallets and frequent transfers who need their connected, in-motion exposure covered alongside cold storage.
The other lines
Specie
Cover for high-value, hard-to-replace assets held in secured locations — and, for digital-asset firms, for the assets that sit offline in cold storage.
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Directors' & Officers'
Cover for the personal liability of founders, directors and officers — the people running a digital-asset firm under evolving regulation.
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See how specie, crime and D&O fit together across the custody chain.
OverviewGet indicative terms for your digital-asset firm.
Tell us how you operate. We'll return a structured view of what's coverable — in plain language, same business day.