Soter Insure and Dubai Insurance to offer Bitcoin insurance policies
UAE based, Soter Insure, a provider of specialized insurance solutions for the institutional digital asset ecosystem, has partnered with Dubai Insurance P.S.C., one of the UAE’s longest-established and most respected insurance providers to offer not only fiat, but also Bitcoin (BTC) and Ether (ETH) insurance policies to the UAE digital assets ecosystem.
As per the press release, through the strategic alliance, Soter Insure and Dubai Insurance P.S.C. will offer insurance products specifically designed to address the unique challenges facing digital asset holders and institutions. The partnership will offer insurance policies denominated and paid out not only in traditional fiat, but in Bitcoin (BTC) and Ether (ETH), as well as removing the digital asset price volatility risk for customers.
This innovative approach ensures that policyholders receive full value protection regardless of digital assets market conditions at the time of a claim, representing a significant advancement in digital asset risk management.
“By combining Soter’s risk engineering with Dubai Insurance’s legacy of trust, we are delivering an insurance architecture that finally speaks the language of the blockchain. Our BTC- and ETH-denominated policies, in addition to traditional Fiat, ensure protection remains in-kind, removing the risk of market volatility. This partnership ensures the UAE remains one of the world’s premier destinations for secure, institutional-grade digital finance.” said Henson Orser, Founder and CEO of Soter Insure.
“As the UAE continues to lead the future of digital finance, insurers have an essential role in enabling innovation with trust, security, and strong governance. Our strategic partnership with Soter, reflects our commitment to supporting the nation’s vision through responsible innovation built on sound risk management and regulatory alignment. By becoming one of the first insurers in the UAE and the region to offer crypto asset denominated policies, we are helping shape the next chapter of insurance—one that supports the UAE’s vision while delivering lasting value for our customers.” said Abdellatif Abuqurah, CEO of Dubai Insurance P.S.C.
In February 2025, Abu Dhabi Soter Insure closed its Series A funding round, led by Galaxy, with participation from Brevan Howard Digital, Karatage, Token Bay, Pharsalus and others. Soter headquartered in Abu Dhabi also operates out of Bermuda, with offices in London, New York and Dubai, it was also incubated by UAE based Further Ventures and WebN Group.
