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Corgi Extends D&O Insurance to Cover Digital Asset Operations

Corgi Extends D&O Insurance to Cover Digital Asset Operations

Founders navigating the volatile blockchain sector often face gaps in traditional liability protection, but a new policy from Corgi aims to bridge that divide. The San Francisco-based insurer now explicitly includes cryptocurrency, stablecoins, and distributed ledger activities within its Directors and Officers liability coverage, removing long-standing ambiguity for startups.

The Digital Assets Coverage Endorsement addresses a persistent frustration for tech firms that have historically been treated as outliers by traditional underwriters. By formally recognizing these operations, Corgi provides a safety net that protects boards and executives from claims specifically tied to their involvement with virtual assets. CEO Emily Yuan noted that the move reflects a need for insurance to evolve alongside innovation, rather than forcing modern companies to operate in a gray zone.

The endorsement applies a broad definition to digital assets, covering any blockchain-based tokens regardless of their specific legal classification. While this clarifies that mere participation in the digital asset ecosystem will not trigger blanket policy exclusions, the company emphasized that standard terms, limits, and existing policy conditions remain in force. This expansion signals a broader push by Corgi to tailor its AI-native underwriting infrastructure to the unique risk profiles of high-growth technology companies.

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