NFT D&O Insurance

Exciting new businesses can struggle to obtain directors and officers (D&O) insurance. Non-Fungible Tokens (NFTs) are definitely an exciting new business and we know from experience that an NFT businesses will struggle to get D&O (and other) insurances.  We have placed D&O for a listed crypto-mining business so the struggle was certainly not down to lacking the right connections with insurers. 

There is nothing inherently bad about NFTs, crypto, Web3 etc. – but a business model based on hype and excitement is uninsurable. Insurers need to understand that there is a long term, sustainable business model that delivers real value. Certainly equity investors might want the passion and excitement, but insurers are in a different position

Leave a Comment

Your email address will not be published. Required fields are marked *

To improve your experience on our website we use cookies. if you click accept we understand that you agree the use of cookies on our website. click decline to view our privacy and cookie policy.