Stone Ridge Asset Management, the New York based asset manager an alternative risk premia focus, including reinsurance and insurance-linked securities (ILS), has launched Proof Insurance Solutions, a managing general agent (MGA) with a focus on underwriting risks from the blockchain and digital asset sectors.
The move ties in nicely with Stone Ridge’s other venture in digital assets, NYDIG which provides bitcoin-related products across a range of industries, from banking and insurance to fintech and nonprofits.