Native has launched a novel insurance framework that integrates the use of vetted cybersecurity providers with enhanced underwriting terms and coverage.

Introducing the Native Risk Collective

This initiative, known as the Native Risk Collective, connects the adoption of pre-approved risk mitigation technologies to improved access to insurance products. This could include reduced premiums and customized coverage options.

The Native Risk Collective is supported by a panel of insurers that includes Lloyd’s of London underwriters Mosaic Insurance and Chaucer. The technology partners involved specialize in areas such as smart contract auditing, on-chain threat detection, and disaster recovery. Some of the initial members include Hacken, Circuit, BreachBits, Hypernative, and Station70, with more vendors expected to join over time.

According to a press release from Native, digital asset businesses—such as exchanges, custody providers, and wallet operators—have historically struggled to secure affordable insurance due to the sector’s perceived high-risk profile. Many traditional insurers were hesitant to engage with firms that had implemented advanced security controls. The Native Risk Collective is designed to address this by establishing a standardized framework for underwriters and technology vendors to collaboratively evaluate how security measures impact a firm’s overall risk assessment.

Standardizing Risk Assessment

Under the new model, only companies adopting one or more of the verified technologies from within the Native Risk Collective will have access to the new insurance product. Native officials noted that this approach aims to incentivize broader adoption of security best practices by directly linking them to insurance accessibility and pricing.

Mosaic Insurance representatives highlighted that the collaboration leverages their cyber and financial institutions teams to provide customized coverage options reflecting the current state of risk management in the digital asset sector. Chaucer officials described the initiative as a pragmatic response to one of the insurance industry’s most underserved areas, aiming to support the growth of the digital asset market by encouraging better risk management practices.