Institutional adoption of tokenised and cryptographically-secured assets is increasing, and custody infrastructure is becoming more central to financial markets. For insurance capital to participate with confidence, custody risk needs a structured way to be evaluated, compared and underwritten. That is the challenge CoreLedger is dedicated to solving.
We are currently focused on developing the operational and underwriting foundations required for custody risk to become an investable insurance category. Our priorities at this stage include:
Designing a consistent framework for assessing custody operational risk that aligns to real-world failure scenarios.
Engaging with specialist insurance carriers and brokers to understand how capacity can enter the market effectively.
Identifying underwriting and governance expertise to support a delegated authority structure for launch.
Incorporating input from custodians and other digital-asset infrastructure providers to ensure the framework reflects practical control environments.
Laying the groundwork for regulatory readiness and oversight requirements appropriate for a new Managing General Agent, which is a type of insurance intermediary that underwrites and manages insurance policies on behalf of an insurer.
Our aim is to create the analytical and operational clarity needed for insurers to participate at scale, while helping custody operators and their institutional clients access meaningful protection. We are now shaping underwriting examples and the delegated-authority model required for controlled first risk.
If you are a custodian, a broker, an insurer, or simply someone with professional interest in this space, we would welcome a conversation as we continue to shape this new specialty class.
Please email us at [email protected]