This site uses cookies to ensure the best viewing experience for our readers.
German Insurer Munich Re to Insure Cryptography Security Startup Curv

Brief

German Insurer Munich Re to Insure Cryptography Security Startup Curv

Curv develops a cloud-based digital asset management service that includes the setup, management, and maintenance of blockchain infrastructure

Adi Pick | 12:31, 12.05.19
German insurer Munich Re Group has partnered with cryptography security startup Curv Inc. to cover up to $50 million worth of digital assets for Curv customers, the latter announced Friday.

As part of the agreement, Munich Re will insure Curv in the case of an external cyber breach or malicious behavior by Curv or its employees. Curv customers who wish to opt-in to the insurance backed service will have to do so at an additional cost based on the amount of assets.

Curv develops a cloud-based digital asset management service that includes the setup, management, and maintenance of blockchain infrastructure. The company is headquartered in New York with a research and development center in Tel-Aviv. Curv has raised $6.5 million to date, according to Pitchbook data.

Curv Curv's co-founders (from right) Itay Malinger and Dan Yadlin. Photo: Netanel Tobias Curv

share on facebook share on twitter share on linkedin share on whatsapp share on mail

TAGS