Howden and Lawrence Stephens partner to provide crypto theft insurance with legal asset recovery

By Navneeta Nandan

July 7 - (The Insurer) - Global insurance intermediary group Howden has partnered with London-based specialist law firm Lawrence Stephens to combine the offering of cryptocurrency theft insurance with legal asset recovery services.

The integrated service aims to include legal support, access to crypto vendors and forensic recovery capabilities, Howden said in a press note.

The offering will incorporate legal service from Lawrence Stephens to freeze the assets and begin the recovery proceedings, insurance coverage from Howden that includes partial reimbursement of legal recovery costs when engaging Lawrence Stephens and access to a network of crypto vendors and forensic experts to trace and recover the stolen assets.