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Crypto insurance market is worth up to $500 million: Official

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Cryptocurrency

Joshua Motta, chief executive of U.S.-based cyber insurance startup Coalition Inc., said that the crypto insurance market is currently worth $200 million - $500 million in premium, compared with two years ago when it was "nonexistent," Forbes reports. Lloyd's of London and Aon PLC are some of the major players in the crypto insurance market.

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