What's Happening?
Native, a specialist digital assets insurance broker, has appointed Freddy Knight as its new divisional director for broking. Knight, a cyber insurance expert, will develop Native's broker proposition and support partner initiatives. He brings over 15 years of experience, including roles at Stackhouse Poland and Optimum Specialty Risks. Native focuses on digital assets and cryptocurrency insurance, recently launching a framework with Lloyd's underwriters to improve insurance terms for crypto firms. Knight's appointment is seen as instrumental in expanding Native's broking proposition.
Why It's Important?
The appointment of Freddy Knight is crucial for Native as it seeks to strengthen its position in the digital asset insurance market. Knight's expertise in cyber insurance and technology will be vital in developing innovative insurance products tailored to the needs of cryptocurrency firms. This move reflects the growing importance of digital assets in the global financial landscape and the need for specialized insurance solutions. As the market for digital assets continues to evolve, Native's strategic focus on this sector positions it to capitalize on emerging opportunities and challenges.