Web3

The Web3 ecosystem is rapidly evolving and compelling use cases for this innovative technology continue to emerge at an impressive pace. Unfortunately, like many new technologies before it, the insurance industry is not fully prepared to meet the needs of Web3 companies and adopters. Too often, coverage terms are ill-suited due to a shortage of underwriter expertise.

At Aon, we are addressing this challenge head-on to support accelerated adoption of Web3. Our dedicated Web3 team is actively developing new insurance solutions, services, and capacity to meet emerging risks related to blockchain technology and digital assets. This includes collaborating with global insurers and third-party blockchain service providers to address unique industry exposures such as staking and slashing risks and smart contract exposures.

Our experience in this space dates back to 2013 when we first began serving digital assets clients via a first-of-its-kind “crypto crime” policy, and today, we offer clients a global, industry-leading team of brokers focused on serving crypto-native companies as well as traditional companies developing new product offerings in this ecosystem.

We set ourselves apart by offering a wholly owned global network of advisors that give clients seamless connection points to international markets, developing and expanding access to proprietary sources of capital, which we view as vital for clients in this challenging sector, and hosting regular educational roundtables and webinars to assist (re)insurers and clients with scaling the learning curve so they can participate confidently in this industry and drive adoption.