Evertas, an insurer approved by Lloyd’s and specializing in cryptocurrencies, is focusing on expanding its presence in the European market. To achieve this goal, the company has recently appointed Nick Selby as the head of European underwriting. Selby brings with him a wealth of experience in cyber intelligence and security, making him a valuable asset to Evertas as they navigate the complexities of insuring crypto-related risks.
With 20 years of experience in both the public and private sectors, Selby has a deep understanding of information security, physical security, and incident handling. In addition, he has spent seven years leading teams dedicated to securing cryptoassets, giving him a unique perspective on the challenges and opportunities present in the rapidly evolving crypto insurance industry.
Prior to joining Evertas, Selby held key positions at reputable organizations such as Trail of Bits, Paxos Trust Company, and the NYPD Intelligence Bureau. His background in preventing and addressing security risks on a global scale equips him with the skills needed to assess risk in the crypto space and tailor insurance coverage to meet the specific needs of Evertas‘ customers in Europe.
J Gdanski, the CEO and co-founder of Evertas, expressed confidence in Selby’s ability to enhance the company’s European operations, citing his diverse background and extensive experience. Gdanski highlighted the importance of having someone of Selby’s caliber on board to strengthen their position in the competitive crypto insurance market.
Selby himself emphasized the advantages of Evertas‘ underwriting process, noting that it provides a significant competitive edge and allows for greater capacity compared to other players in the industry. He attributed this advantage to Evertas‘ crypto-native approach, which is tailored specifically to the unique risks and challenges faced by cryptocurrency holders and businesses operating in the space.
According to Selby, Evertas‘ strong underwriting process not only benefits the company internally but also translates into a smoother claims process for customers. By having robust underwriting in place, Evertas is able to expedite payouts to policyholders, ensuring that their needs are met promptly and efficiently.
As Evertas sets its sights on expanding its footprint in Europe, having a seasoned professional like Nick Selby at the helm of its European underwriting efforts bodes well for the company’s future success in the region. With his expertise and strategic leadership, Evertas is poised to make significant strides in serving the insurance needs of the burgeoning crypto industry in Europe.
In conclusion, Evertas‘ strategic appointment of Nick Selby underscores the company’s commitment to strengthening its position in the European market and providing top-notch insurance services to clients in the crypto space. With Selby’s guidance, Evertas is well-positioned to navigate the complexities of insuring digital assets and to capitalize on the growing demand for reliable and comprehensive crypto insurance solutions in Europe.
