Insurance Firms Launch Crypto Kidnap and Ransom Policies

Several insurance companies are launching kidnap and ransom policies for crypto-rich individuals, addressing security threats discussed by executives in Las Vegas, 2025.

Emergence of Crypto K&R Policies

Insurance firms specializing in cryptocurrency are rolling out new kidnap and ransom (K&R) policies for wealthy crypto holders. Executives from AnchorWatch and Hylant Capital highlighted rising fears of violence during the 2025 Bitcoin Conference. These policies cater specifically to asset-rich individuals holding Bitcoin, Ethereum, and major altcoins.

“They’re tense. I’m not saying that because I’m trying to sell insurance, but overall, the mood is a very good environment for me.” – Rebecca Rubenfeld, COO of AnchorWatch

Insurance Market Shift

Immediate interest from high-net-worth individuals signals an insurance market shift. High-severity, low-frequency events as observed by Andrew Kurt, VP of Hylant Capital, are driving development. The insurance aims to create a new revenue stream akin to traditional corporate executive K&R coverage.

Amid rising cases of attacks on crypto holders documented in 2025, the market for security solutions is expanding. This insurance reflects past trends where high-severity events necessitated robust risk management. The absence of formal regulatory advisories suggests a present focus on voluntary market adjustments. Analysts note that recognition of threats has not yet impacted on-chain data or asset prices significantly.

Future of Crypto Security

Experts anticipate increased security measures as insurance uptake grows. These policies could lead to further technological innovations in security protocols for crypto assets over time. Ongoing dialogue at industry conferences continues shaping strategies in this evolving insurance niche.