# Soter Insure

> Soter Insure is an institutional-grade insurer built for the digital asset economy. Licensed by the Bermuda Monetary Authority, it writes policies denominated in native crypto - Bitcoin and Ethereum - alongside fiat, covering risks like asset loss, crime, smart contract failure, directors & officers liability, and Ethereum staking slashing. Founded by Henson Orser and incubated by Further Ventures and WebN Group, Soter aims to close the insurance gap that has held institutional capital back from Web3.

- **Founded:** 2024
- **Headquarters:** Hamilton, Bermuda
- **Founders:** Henson Orser (Founder & CEO)
- **Team size:** ~14 employees
- **Products:** Asset Loss & Crime / Specie, Slashing Protection, Smart Contract Coverage, Directors & Officers (D&O), Professional Indemnity / E&O
- **Notable:** Received full licensing approval from the Bermuda Monetary Authority in January 2025 (initial approval September 2024)., Closed Series A led by Galaxy in February 2025., Issued the world's first BTC-denominated crime coverage.

## Products & services

- **Asset Loss & Crime / Specie** — Coverage against theft and loss of digital assets, including world-first BTC-denominated crime policies that pay claims in Bitcoin.
- **Slashing Protection** — Insurance for Ethereum staking slashing events - the world's first ETH-denominated slashing policy, with premiums and claims settled in native ETH.
- **Smart Contract Coverage** — Protection against losses from smart contract bugs and failures.
- **Directors & Officers (D&O)** — Liability coverage for executives and boards of digital asset companies.
- **Professional Indemnity / E&O** — Errors and omissions coverage for digital asset service providers.

## Achievements

- Received full licensing approval from the Bermuda Monetary Authority in January 2025 (initial approval September 2024).
- Closed Series A led by Galaxy in February 2025.
- Issued the world's first BTC-denominated crime coverage.
- Issued the world's first Ethereum-denominated slashing insurance policy (March 2026).

## Latest updates

- **2026-03** — Launched the world's first Ethereum-denominated slashing insurance policy, developed with Galaxy Digital.
- **2025-02** — Closed Series A funding led by Galaxy to expand underwriting and technology teams.
- **2025-01** — Received full licensing approval from the Bermuda Monetary Authority.
- **2024-09** — Received initial approval from the Bermuda Monetary Authority.

## Links

- Website: https://soter.insure
- LinkedIn: https://www.linkedin.com/company/soter-insure
- Twitter/X: https://x.com/soter_insure

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Profile page: https://yespress.io/soter-insure
Published by YesPress — https://yespress.io
Last updated: 2026-06-12