Global law firm Norton Rose Fulbright names blockchain insurance start-up OpenCover as its 2025 Insurathon winner.
Blockchain insurance start-up OpenCover has been named the winner of Norton Rose Fulbright’s eighth annual Insurathon, a competition that supports innovative insurtech start-ups and scale-ups in the industry.
OpenCover, founded by veteran tech entrepreneurs, works at the intersection of blockchain security and insurance. The company helps protect blockchain systems by working with top insurers to address risks like malicious smart contract interactions, oracle manipulation, and asset depegging. Offering coverage for blockchain portfolios, real-time transactions, and tailored services for institutions, OpenCover is backed by investors such as NFX, Alliance, Village Global, Coinbase Ventures’ Base Ecosystem Fund, and Lloyd’s Lab alum.
As the winner, OpenCover will receive £25,000 in legal and regulatory advice from Norton Rose Fulbright, covering areas such as corporate law, insurance regulations, intellectual property, employment, and data privacy. It may also receive a £25,000 equity investment from the law firm.