According to Deep Tide TechFlow, as incidents of violent attacks against cryptocurrency holders increase, insurance companies are developing new insurance products to address the risks of kidnapping and ransom. At least three companies are preparing kidnapping and ransom (K&R) policies for digital asset investors. AnchorWatch plans to launch K&R insurance this fall. Hylant Capital points out that K&R insurance is highly profitable for insurance companies, with a low frequency of claims but high severity. Relm Insurance is finalizing K&R products, which have complex pricing and require an assessment of the client's physical and cyber defenses.