Howden Expands Groundbreaking Crypto Theft Insurance Offering into Web3 Risk Ecosystem with Integrated Prevention and Recovery Capabilities

LONDON (May 20, 2026) – Howden, the global insurance intermediary group, today announces the launch of a comprehensive Web3 risk ecosystem, evolving its digital asset offering, bringing together leading specialist vendors across both pre-emptive risk management and post-incident recovery.

Building on its initial crypto theft insurance and recovery solution launched in July 2025 in partnership with Lawrence Stephens, Howden’s expanded approach reflects growing client demand for end-to-end support across the full risk lifecycle, from prevention and operational resilience through to incident response and asset recovery.

The enhanced ecosystem connects clients with a curated network of specialist providers spanning areas such as security infrastructure, forensic investigation, legal advisory, restructuring, and asset tracing, enabling organisations to proactively strengthen their risk profile while retaining access to coordinated recovery capabilities in the event of a loss.

The ecosystem includes a growing panel of specialist providers across key areas of the digital asset lifecycle. Representative partners include Sodot, Appold, Merrill Herzog, zeroShadow, Recoveris, Sailo Tech, Wilson Elser, Lawrence Stephens and Circuit Security, with further detail on capabilities and services available on Howden’s website.

Crucially, the solution moves beyond traditional insurance models by embedding pre-emptive expertise alongside claims and recovery services, giving clients access to vendors who can help identify vulnerabilities, improve operational resilience, and ultimately reduce the likelihood and severity of incidents.

Freddie Palmer, Head of Digital Assets and Blockchain at Howden said: “We’ve enhanced this solution with a clear focus on creating stable capacity, broader coverage and more cost-efficient outcomes for our clients. As the digital asset ecosystem evolves, it’s critical that insureds have access not only to responsive recovery support, but also to leading pre-emptive vendors. By expanding our network, we’re enabling clients to tap into global expertise before and after an incident, strengthening resilience across the entire risk lifecycle.”

As part of this ecosystem, Howden continues to work with Lawrence Stephens to deliver integrated legal and recovery capabilities, including coordination of blockchain forensic analysis, asset tracing, and engagement with exchanges and relevant stakeholders. This enables faster, more effective action to trace and recover stolen digital assets.

Matt Green, Head of Blockchain, Digital Assets and Technology Disputes at Lawrence Stephens said: “Effective recovery requires a combination of expertise, including blockchain forensic analysis, OSINT, and active engagement with exchanges and other stakeholders to trace, freeze, or seize stolen assets.”

This enhancement marks the next phase of Howden’s innovation in digital asset risk, shifting from a reactive model focused on loss events to a holistic, lifecycle-based approach. By aligning insurance with real-world recovery capabilities, enhanced market access and more efficient risk transfer, Howden is helping clients navigate an increasingly complex threat landscape and improve recovery outcomes following crypto-related incidents.