Insuring the web3 economy
Brave new world. Brave new cover. Meet Daylight, web3's safety net.
We insure web3
FAQs about Daylight
Who is Daylight for?
The builders, creators, visionaries and stewards of the web3 industry.
We also serve brokers outside of the UK who are looking to place their web3, crypto and blockchain clients.
What web3 businesses do you insure?
If a business is part of the blockchain and crypto ecosystem, we’re likely very familiar with it and would love to learn more. Whether you’re bridging from ‘traditional’ industries or at the forefront of blockchain development, organisations building innovative solutions will be at home in our community of web3 clients.
From pre-revenue to ‘blue-chip’, we accept all sizes and types of organisations within web3. We are here to protect businesses worldwide, including the US and Canada.
What if I need more than technology liability and cyber insurance?
Daylight is more than just a suite of products, we are a team of web3 insurance specialists here to protect the web3 economy. We place insurance for:
- Professional Indemnity (PI)
- Cyber
- Directors and Officers (D&O)
- Mining (Property)
- Custodians (Cold-Storage)
Our first product is Professional Indemnity/Technology Liability and Cyber. We’re looking to launch other exclusive Daylight products in the near future to create a suite of coverages for the web3 ecosystem.
What won't be included in the Daylight suite of covers?
We can't provide cover for the following:
- Crime
- FI
- Hot wallets
I'm ready to book a call, what information do I need?
We’re here to help you understand what information you need, however thinking about the following two points ahead of the call will help us get the most out of our conversation:
- A thorough overview of your business and revenue model
- The areas of your business that you are looking to protect
After the call we'll follow up to request any additional information required to onboard your business into our portfolio of digital asset clients.
Please note that not every business that applies will be approved due to rigorous selection criteria and underwriting appetite.
What our expert says
Ben Davis, Team Leader - Digital Assets
A common misconception is that digital asset insurance only pertains to insurance of the digital assets themselves, rather than other business risks. There are a number of other policies and exposures Web3 businesses should be thinking about, often our clients are surprised that they hadn’t thought about this before.
Check out our latest posts
Authorised by the FCA
The FCA supervises UK financial services firms to protect consumers. We are directly authorised and regulated by the FCA and our Firm Reference Number is 656459. These details can be confirmed on the Financial Services Register at www.fca.org.uk or by calling the FCA on 0845 606 1234.
Protected by the FSCS
If you are a business with an annual turnover under £1m, charity with an annual income under £1m, or trust with net assets under £1m, then you will be entitled to compensation from the FSCS in the unlikely event we cannot meet our obligations. Full details and further information on the scheme are available at www.fscs.org.uk.
