Frontier Global Underwriting is delighted to announce a new and exciting partnership with Berkley Insurance Australia (a Berkley Company), providing Professional Indemnity, Combined General Liability and Directors & Officers cover to clients involved in the Blockchain industry. According to reputable industry sources, Blockchain technology is predicted to generate an annual global business value of over USD175 billion by 2025 and in excess of USD3 trillion by 2030. In partnership Frontier Global Underwriting and Berkley Insurance Australia (a Berkley Company) are proud to play a part in the long-term development and adoption of Blockchain technology and support the tremendous social and economic benefits it brings to the society in which we live.
For now the offering will be exclusive to private companies domiciled in Australia or New Zealand, however in time this scope will look to be expanded. While Frontier Global Underwriting and Berkley Insurance Australia (a Berkley Company) acknowledge cryptocurrency is one of many applications of the blockchain, this partnership will not target any cryptocurrency related activities or businesses.