AON (NYSE:AON) TO PROVIDE INSURANCE BACKING FOR A CRYPTO CUSTODY FIRM
- Aon to provide insurance for some users of a Swiss-based Metaco
- Metaco is the third crypto custody firm to team up with Aon
Aon plc (NYSE:AON), the world’s second-largest insurance broker by revenues, will provide insurance coverage for Metaco, a Swiss-based company focused on the provision of cryptocurrency custody services.
Aon has been working on creating a team of insurers to provide coverage to Metaco’s clients. For instance, institutional users of Metaco’s SILO solution, hot-to-cold digital asset management technology, will receive a crime insurance product.
The US insurance firm previously agreed to provide similar insurance services for crypto custody firms Anchorage and Vo1t.