Soter Insure, a specialist in digital asset insurance, has announced a strategic partnership with Dubai Insurance P.S.C., one of the UAE’s most established insurance providers. Together, the two companies are introducing insurance solutions tailored specifically for digital assets including policies denominated not only in traditional fiat currency but also in Bitcoin (BTC) and Ether (ETH).
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This partnership marks a significant step forward for the UAE’s rapidly growing digital asset ecosystem. By enabling insurance policies that can be issued and paid out in cryptocurrencies, the collaboration addresses one of the biggest challenges in digital asset insurance—market volatility. Traditionally, insurance claims paid in fiat currency could lose value if cryptocurrency prices rose sharply. With BTC- and ETH-denominated policies, customers can now receive compensation in the same asset they insured, ensuring consistent value protection.
The alliance combines Soter Insure’s expertise in digital asset risk engineering with Dubai Insurance’s strong regional presence and trusted reputation. For Dubai Insurance, this partnership strengthens its position as a key insurer supporting the UAE’s digital finance sector. For Soter Insure, it represents an important expansion into one of the world’s most crypto-friendly regulatory environments.
Henson Orser, Founder and CEO of Soter Insure, emphasized that the partnership introduces an insurance framework designed specifically for blockchain-based assets. By offering crypto-denominated coverage alongside traditional options, the company aims to eliminate volatility risk and provide institutional-grade protection for digital asset holders.
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Abdellatif Abuqurah, CEO of Dubai Insurance P.S.C., highlighted that the initiative aligns with the UAE’s vision to become a global leader in digital finance. He noted that insurers play a crucial role in enabling innovation while maintaining trust, governance, and security. By offering crypto-denominated insurance policies, Dubai Insurance is helping shape the future of insurance in the region.
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The partnership is effective immediately, with both companies planning to roll out comprehensive digital asset insurance products across the UAE. As the demand for secure and reliable crypto infrastructure continues to grow, this collaboration positions Soter Insure and Dubai Insurance at the forefront of the evolving digital asset insurance market.
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