Several insurance companies are launching kidnapping and ransom policies for crypto-rich individuals, addressing security issues discussed by executives in Las Vegas in 2025.
Insurance companies specializing in cryptocurrency are launching a new kidnapping and ransom (K&R) policy for wealthy cryptocurrency holders. Executives from AnchorWatch and Hylant Capital highlighted growing concerns about violence during the 2025 Bitcoin conference. This policy is specifically targeted at wealthy individuals owning Bitcoin, Ethereum, and major altcoins.
"They are tense. I say this not because I am trying to sell insurance, but overall the mood is very good for me." – Rebecca Rubenfeld, Chief Operating Officer of AnchorWatch
Change in the insurance market
Immediate interest from wealthy individuals signals a shift in the insurance market. High-severity, low-frequency events, as noted by Andrew Kurt, Vice President of Hylant Capital, are driving development. Insurance is aimed at creating a new source of revenue, similar to traditional corporate K&R coverage.
Against the backdrop of increasing documented attacks on cryptocurrency holders in 2025, the market for security solutions is expanding. This insurance reflects past trends when high-severity events required reliable risk management. The absence of official regulatory recommendations suggests a current focus on voluntary market adjustments. Analysts note that the acknowledgment of threats has yet to significantly impact on-chain data or asset prices.
Experts expect enhanced security measures as insurance coverage grows. These policies may lead to further technological innovations in security protocols for crypto assets over time. Ongoing dialogue at industry conferences continues to shape strategies in this emerging insurance niche.
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