Redefind Launches Cryptoasset Theft Insurance

London, UK – 1st July 2025 – Redefind, a London-based, FCA-regulated cryptoasset insurance provider backed by Lloyd’s of London underwriters (A+ rated by A.M. Best), has unveiled the world’s first dedicated crypto theft insurance solution. This groundbreaking policy protects against the growing threats in the digital asset space, uniquely available to both individuals and businesses.

Policy Highlights

The policy covers all compatible cryptoassets across the top 15 blockchains (thereby supporting tens of thousands of cryptocurrencies, NFTs, and tokens) and supports both self-custody wallets and exchange custody, offering unparalleled coverage and peace of mind.

With policies starting at just £330/yr for individuals (£50,000 cover) and £2,500/yr for businesses (£250,000 cover) with no limit to asset value, Redefind is setting a new benchmark in crypto insurance. Redefind’s offering is accessible, comprehensive, and tailored to the unique risks faced by crypto holders. Click here to read the insurance product summary (IPID).

Covered Events

Redefind’s policies provide protection against a wide range of risks, including but not limited to:

• Social engineering attack
• Kidnap and extortion
• Hack of wallet or exchange account
• In-person theft
• Quantum computing theft attack
• Cloned website and/or fake investment platform
• SIM-Swap and/or wallet drainer

A Game-Changer in Crypto Insurance

Redefind’s Cryptoasset Theft Insurance addresses the shortcomings of current offerings, such as:

• DeFi cover solutions that are not insurance products, hold no regulatory permissions or proof of solvency, and are therefore non-admitted, unaccountable, and mis-sold as insurance.
• Legal expense insurance policies aimed at crypto holders which are very limited, expensive, retain a proportion of the claims as a success fee, and require clients to pay additional costs prior to the claim.
• Cold storage insurance policies that are only available to custodians or businesses managing tens of millions in assets.

As crypto-related crimes continue to rise ($9.9 billion in scams were recorded onchain in 2024 alone, according to Chainalysis) and high-profile cases of crypto kidnappings dominate headlines, Redefind’s launch comes at a critical time for the industry.

For Everyone

Whether you’re an individual with modest holdings or a business managing significant assets, Redefind offers a solution for everyone. With no minimum crypto holding requirements and no upper limit on the value of holdings, this product is ideal for all crypto owners.

Additional Services

Redefind policies can be purchased directly via our website, but can also be embedded into centralised exchanges (CEXs) and custodians.

Visit Redefind Today

To learn more about Redefind’s Cryptoasset Theft Insurance or to purchase a policy, visit Redefind.io.

For inquiries, contact us at hello@redefind.io.

About Redefind

Redefind is a dedicated digital asset insurance provider, providing innovative and accessible solutions to protect digital asset holders—whether individuals or businesses—from the ever-evolving threats in the crypto space. Cover starts from just £330 per year, and covers crypto specific risks such as: social engineering, in-person theft, SIM Swaps and even quantum computting attacks.

Click here to visit the Redefind website
Click here to buy your crypto insurance policy
Click here to read the insurance product summary/ Insurance Product Information Document (IPID)