Canopius Cryptocurrency Insurance

Bitcoin Insurance

Canopius is a Lloyd's of London managing agent and one of the leading underwriters of cryptocurrency risk. In March 2025, Canopius underwrote a $100 million Bitcoin custody insurance facility for Onramp Bitcoin. They provide specialized coverage for custodians, exchanges, and institutional Bitcoin holders against theft, collusion, and key compromise, conducting rigorous due diligence on multisig custody infrastructure.

Details

Provider: Canopius
Underwriter: Canopius Group (Lloyd's)
Coverage Type: Cryptocurrency Crime / Specie Insurance
Coverage Limit: Up to $1B+ market capacity
Denominated In: USD
Insurance Type: Cryptocurrency Custody Insurance (Underwriter)
Notable Client: Onramp Bitcoin ($100M facility)

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