Opinion
Traditional insurance is failing digital asset companies. As tokenization hits $20 trillion, firms need tailored coverage — not off-the-shelf policies.
Darren Sonderman and Sydney Sonderman
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Darren Sonderman and Sydney Sonderman are financial lines insurance brokers. Darren has 35 years of experience underwriting and brokering focused on these lines of insurance coverage and direct involvement in $3 billion of insurance recovery for clients. Sydney is building deep expertise and delivering tailored risk solutions for companies operating in the digital asset economy, along with others in the traditional finance space and other industry classes.
Smart contracts have dumb insurance, and it's hurting the industry