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Unlocking Discounts: BreachBits® Accepted by the Native Risk Collective

  • Writer: J. Foster Davis
    J. Foster Davis
  • Jul 22
  • 4 min read

Updated: 4 hours ago

Advanced risk management + cyber insurance discounts for digital assets & crypto.


We've partnered with Native, a global insurance broker for digital assets and crypto businesses in the Lloyd's market. In short, this helps digital assets and crypto companies earn discounts on cyber and technology errors & omissions insurance premiums when they work with vendor members of the Native Risk Collective.


We're proud to be invited to participate in the Native Risk Collective after a rigorous evaluation process. We've appreciated the attention to detail of the Native team, which truly seeks to improve the safety and standardization of the digital asset sector - while recognizing the nuanced Web3 aspects that make these companies special.



Why We've Partnered with Native

Discounts and enhanced risk selection are certainly important, tangible outcomes. But this partnership is about more than that.


Our mission is to help enterprises and insurance brokers and carriers stay ahead of attackers. Our partnership with Native demonstrates how the insurance and cybersecurity communities can cooperate in ways where attackers lose and everyone else wins: policyholders, providers, brokers, and carriers.


This also reinforces one of our core beliefs: that rigorous and continuous threat testing is essential to the advancement of risk management and insurance best practices because it delivers fair & accurate cyber risk quantification. We seek to establish quantifiable metrics that standardize and coordinate the Lloyd's cyber and tech E&O markets while supporting ERM best practices for policyholder enterprises.


Underwriters are Integral In the Collective

Native is a specialist Lloyd's broker that's aligned with carriers recognizing the value of these programs. For the Native Risk Collective, Native has indicated in their launch press release that Lloyd’s underwriters Mosaic Insurance and Chaucer will be providing access to preferential rates.


Our BreachRisk™ solutions have been assessed by Lloyd’s market underwriters as contributing to reduced digital asset risk as part of the Native Risk Collective. This assessment confirms the measurable impact our technology has on reducing cyber liability and tech E&O-related risks, including reducing network security breach risks and privacy

liability exposures.


Advancing the State of the Art in the Lloyd's Market

BreachBits will continue to work towards enhancing best practices within the Lloyd's market with continuous, scalable, and reliable cyber risk assessments that move at the speed of hackers. Our work with brokers and carriers during Lloyd's Lab in 2024 has continued in 2025 as we've strengthened our relationships with brokers and carriers seeking to competitively write risks in a dynamic and uncontrollable cyber attack landscape.


Native has built an insurance program designed specifically for digital assets businesses

that rewards proactive security practices with better coverage and pricing. Companies using

recognized risk mitigation tools can receive progressive premium discounts and access to

purpose-built coverage designed specifically to cover digital assets companies for Crime,

Cyber and Tech E&O risks. This insurance coverage protects clients in scenarios where they undergo loss or liability as a result of theft of funds, cyber attacks or technology failure.


Both Native and BreachBits recognize the value of rigorous analysis that allows policyholders to reap the rewards of effective cyber ERM and best practices. Lloyd's has been an important coordinating factor that supports the evolution of this ecosystem worldwide.


“The same principles that protect Fortune 500 companies apply to Web3, these include strong authentication, continuous monitoring, and rapid incident response. At the same time, Web3 introduces additional risks and high-stakes that require the ability to continuously adapt to new emerging threats. "That's why we're excited to join the Risk Collective. By bringing decades of enterprise security expertise and next-gen predictive intelligence capabilities to protect Web3 innovators, we're helping build the trust foundation this ecosystem needs to thrive" - J. Foster Davis, COO & CoFounder, BreachBits

What this means for our clients

If you are a digital asset or crypto company or if you are Managed Service Provider partner with clients in this industry, this partnership directly helps you. Native manages the Native Risk Collective program and can guide you through the application process, coverage options, and how discounts are applied based on risk profile.


Learn more and contact Native at https://www.native.inc/insurance-products/cyber-insurance. If you've already been in contact with Native and you are ready to explore qualifying BreachBits products, you can book time with our team or use the following widget to book a session:

If you're curious to see more about how BreachBits fits in to the Native Risk Collective, Native has published a dedicated BreachBits microsite (https://www.native.inc/partnerships/risk-collective/breachbits). In short, our role is to be a trusted technical risk mitigation expert that has been recognized by participating Lloyd's underwriters.


If you aren't a digital asset or crypto company or service provider thereof, this partnership doesn't directly affect you, but it is an example of our dedication to our mission. We are connecting policyholders, service providers, brokers and carriers with fair and accurate cyber risk analysis capabilities where everyone wins - except attackers. Expect to see more partnerships like this in the future.


Qualifying Products

Be sure to contact Native in order to see how discounts are applied, but the following products are a part of the Native Risk Collective:

  • BreachRisk™ Pro: our entry-level automated, active testing platform may qualify you for more discounts.

  • BreachRisk™ Premium: our most advanced automated, active testing capabilities may help you be qualified for the most substantial discounts.


What's Next?

Here's a recap to learn more and get started:


We'll continue to establish partnerships like this one that simultaneously advance the goals of policyholders, service providers, brokers, and carriers.



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