Lloyd’s-approved crypto insurer Evertas targets European market
Lloyd’s-approved crypto insurer Evertas has recruited a head of European underwriting to lead its crypto-native underwriting strategy.
The company has appointed cyber intelligence and security expert Nick Selby to the role. He is tasked with assessing risk in the crypto space, ensuring that Evertas can provide insurance customers with coverage appropriate to their specific needs.
Selby has 20 years of experience in public and private sector information security, physical security, and complex incident handling. He also has seven years of experience leading teams securing cryptoassets.
Previously, his roles included vice president of the software assurance practice at Trail of Bits, chief security officer at Paxos Trust Company, and director of cyber intelligence and investigations at the NYPD Intelligence Bureau.
J Gdanski, Evertas chief executive officer and co-founder, said: “Nick is an extremely valuable addition to our European team. His public and private sector background and global experience with preventing and remediating security risks make him uniquely qualified to work with our European customers.”
Selby said: “The Evertas underwriting process gives us a significant competitive advantage in the fast-growing crypto insurance industry, which is one reason our capacity is orders of magnitude greater than our competitors.
“Our cryptonative approach gives us a formidable edge. When the underwriting is this great, the claims process is easier for our customers, and prompt payouts can be made.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
