Becco provides specialized insurance coverage for Web3 technologies, including blockchain and cryptography-driven innovations. Their offerings are designed to support the unique risks and needs of companies operating in the decentralized technology sector.
Funding
Funding not disclosed
Founders
Product
Problem
Companies operating in Web3, blockchain, and other cryptography-driven technology sectors face novel and rapidly evolving risks that traditional insurance policies often fail to address adequately. These risks include technology errors and omissions, cyber threats, and social engineering attacks targeting decentralized systems and digital assets.
Solution
Becco, in partnership with Lloyd's market, provides specialized insurance solutions tailored to the unique needs of technology companies operating in the Web3 space. Becco offers custom Technology Errors & Omissions and Cyber insurance policies designed to protect against risks associated with blockchain protocols, AI, and cryptography-based innovations. Their services include underwriting, claims assistance, and broker support, ensuring clients have access to comprehensive coverage and efficient claims processing. Becco's deep understanding of emerging technologies and close collaboration with insurance brokers enables them to deliver relevant and responsive insurance solutions for the next wave of computing.
Target Audience
Becco's primary customers are technology companies, insurance brokers, and Web3 businesses seeking specialized insurance coverage for technology errors and omissions, cyber risks, and social engineering attacks.
Features
- Custom Technology Errors & Omissions insurance policies
- Cyber insurance solutions tailored for Web3 companies
- Social engineering coverage
- Claims assistance through a panel of third-party administrators
- Broker support with technical policy expertise
- Support for companies utilizing blockchain, AI, and cryptography