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Building a Better Safety Manual for your Bitcoin Mine

Working with an insurance carrier who knows the ins and outs of your business is important for Bitcoin Mining companies. The carrier manages your coverage and is there to protect your business IF something happens. Before something happens, insurance rates can fluctuate and increase due to the nature of Bitcoin business.

Our Bitcoin Risk Management Expert, Dave Garr was mentioned on the Energizing Bitcoin Podcast as Dan DiLella of Hotaling Insurance gave listeners deep insight into buying coverage and digitally tracking Bitcoin mines to navigate the tricky world of Bitcoin.  Listen to ow nsurance Can Make or Break Your Bit How Insurance Can Make or Break Your Bitcoin Mining with Dan DiLella (Around 12:50) Here

During this week’s edition, Dan speaks of the importance of having an expert who is transparent with you. Since Dave is also a Bitcoin miner in his free time, his knowledge of the hardware and safety precautions helps other Bitcoin miners write safety manuals to help mitigate risks.

During this week’s edition, Dan speaks of the importance of having an expert who is transparent with you. Since Dave is also a Bitcoin miner in his free time, his knowledge of the hardware and safety precautions helps other Bitcoin miners write safety manuals to help mitigate risks.

“With a group like Navigator Risk Management, they can build a safety manual for the people that are on site. Just having that piece of paper and applying it could be another 5-10% savings and they do the whole thing for you.”
– Dan DiLella, Chief Growth Officer and Managing Partner, Hotaling Insurance Services.

All of our cryptocurrency clients know that the industry is extremely volatile and that the price of Bitcoin today, may not be the price tomorrow. We offer services to evaluate your Bitcoin’s valuation and adjust your coverage based on today’s prices. Unlike traditional coverage that locks you into a single rate for the year, our Bitcoin program helps miners navigate the complexities of insuring their property and mitigating potential risks.

The nuances of risk management for Bitcoin can make or break your business. We work closely with insurance carriers to create risk management and insurance programs to legitimize the growing Bitcoin mining industry. We create a program that ensures coverage for physical property and digital threats like Cyber Protection and hybrid events through Business Interruption coverage.

When choosing a risk management program, consider the “Why” behind your increasing premiums. Navigator Risk Management is focused on delivering exceptional Crypto support services to help our clients obtain the best and most cost-efficient coverage for their business/assets. If you’re buying insurance for your Bitcoin mine, work with a risk management team that understands the hardware and nuances of the industry. Speak with our Bitcoin Risk Specialist today for more information on how we can better protect your mine.

Contact Your Risk Specialist for More Information