At Native, we’re proud to have partnered with Onramp to secure a $100 million facility in custody insurance from Lloyd's of London. Through this collaboration, we’re directly addressing the most critical vulnerability in Bitcoin custody: human risk factors. 

Through our collaboration, we have secured a tailored insurance solution that recognises and leverages the inherent strengths of Onramp's MIC model and builds on them. 

View the full case study: [onramp.native.inc](https://onramp.native.inc/)

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On 1 March, objects struck an Amazon AWS data center in the UAE, triggering a cloud outage that rippled across businesses globally. 

That warning now feels even more immediate. Recent threats against the $30 billion Stargate AI data centre being built in Abu Dhabi by OpenAI, and relied on by technology partners including Nvidia, Cisco, Oracle and SoftBank, have reinforced just how strategically exposed digital infrastructure has become.

For many it was a technology story. For the insurance and risk community, it was something more significant.

Over the past decade, data centers have become some of the most critical infrastructure in the modern economy. They power financial markets, AI development, cloud computing, telecommunications, and the digital services that billions of people rely on every day. 
In previous generations, the strategic assets nations sought to protect, and adversaries sought to target, were oil fields, ports, and energy pipelines. Data centres now carry the same strategic weight.

The majority of hyperscale capacity remains concentrated in the United States, with major expansion underway across the UAE, the European Union, and Canada. As geopolitical tensions reach boiling point, these critical assets are no longer simply a technology consideration.
Data centers represent concentrations of digital value: compute power, data, and network connectivity that economies depend on. When physical or cyber incidents strike a hyperscale cluster, the effects can quickly spread across financial services, digital platforms, and the businesses that depend on them. 

The AWS incident in the UAE is a live illustration of exactly this reality.

For the insurance industry, this moment deserves serious reflection.

Insurance operates on a foundational principle: the many pay for the claims of the few. Losses in one area are socialised and offset by stability in others. It is why wildfires in California can move homeowner premiums in Missouri. It is why reinsurers diversify their books geographically and across coverage classes, including property, aviation, cargo, political risk, and professional liability, to ensure no single event creates a catastrophic concentration of loss.

But here is the challenge of our current moment. when geopolitical events escalate, many of those diversified categories move together. A conflict in a data-center-dense region doesn't produce one claim. It produces simultaneous exposure across property, business interruption, cyber, cargo, political risk, and aviation, at once and at scale.

The old frameworks, war exclusions, cyber carve-outs, political risk definitions, were not designed for an era where a single physical event in a server hall can halt financial markets, disrupt global supply chains, and trigger cascading cyber incidents across multiple jurisdictions in minutes.

The question for our industry is not whether these risks exist. They clearly do. The question is whether we are positioned to respond to them with the sophistication they demand.

## Key questions every insurer and reinsurer should be asking now:

- How do we model geopolitical exposure in digital infrastructure, particularly in hyperscale clusters where concentration risk is acute?
- How should traditional war and cyber exclusions evolve when the line between an act of war, terrorism, and state-sponsored cyber attack is deliberately blurred?
- Are our clients, especially those operating in geopolitically exposed regions, adequately covered, or have they assumed protections that exclusion clauses will ultimately deny them?
- In the current soft market, are we locking in the right structures for our clients before conditions tighten?

These are not hypothetical questions for the future. The AWS incident in the UAE is one data point. There will be others.

## A practical word on timing.

We are currently in a soft market. For businesses operating in or around digital infrastructure, this is an important window. Current market conditions can provide businesses with an opportunity to review limits, pricing and policy duration. The turmoil we are seeing across geopolitical flashpoints will have far-reaching effects on capacity and pricing. Getting coverage structured during a soft market is a prudent decision for businesses with material exposure. That window will not stay open indefinitely.

## Resilience in the digital age requires more than technological redundancy. It requires geopolitical diversification and insurance frameworks that reflect that reality.

The expansion of data center capacity across multiple jurisdictions reflects an emerging recognition of this by the technology sector. The insurance market must consider moving with the same urgency.

At Native, we have made a deliberate choice to be present in this space, not reactively, but as a committed, long-term participant. Our lineslip provides up to USD 600m capacity, is backed by Lloyd’s syndicates and is designed precisely for this market: providing meaningful capacity for digital infrastructure at a moment when the world is beginning to understand what is truly at stake.

Digital infrastructure is no longer a technology issue. It is one of the defining geopolitical risk considerations of our time.
The insurers who understand that now will probably be the ones who define this market for the decade ahead.


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The next strategic battleground is already here, and insurance hasn't fully caught up

Capital Pioneer Awards

Fintech OTY - Native

Incredibly proud to share that Native has been named __Fintech of the Year__ at the Capital Pioneer Awards 2026.

We were also recognised as __Highly Commended__ in the __Insurance Innovation__ category.

When we started Native, we wanted to build truly specialist insurance solutions for the digital asset industry. Through specialist products, technology and curated capacity programmes, we’re focused on supporting the companies, brokers and underwriting partners operating at the frontier of emerging risk.

This recognition means a lot because it reflects the work behind the scenes:

- the product decisions
- the underwriting conversations
- the technology build
- the client feedback
- the hard calls that come with building in a new category

None of this happens without an exceptional team, and without the clients and partners who have helped shape Native into what it is today. Thank you for your trust and support.

This is a proud moment for the team, and a reason to keep pushing forward. Next up, we’re focused on: 

- Mining and AI Data Centre underwriter workbench to help deliver a $600m capacity lineslip
- Our Institutional DeFi Insurance proposition, bringing together specialist risk transfer, live exposure management and risk monitoring for institutional DeFi allocations.

Huge congratulations to all the other finalists. The standard of innovation across the industry is incredibly high, and it is a privilege to be part of that momentum.

Native wins Fintech of the Year at the Capital Pioneer Awards 2026

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Native was founded to bring specialist broking capability, access to market capacity, and genuine technical expertise to digital asset and emerging technology companies - a market that had long lacked dedicated insurance solutions.

In our first year, that has meant:
- A Lloyd's-backed lineslip with up to $600m in capacity supporting the commercialisation of Bitcoin mining and AI computing - a critical segment of digital economy which was underserved by relevant insurance solutions.
- Four new products launched, purpose-built for digital asset and emerging technology risk
- Clients supported across the US, EU, UAE, Nordics, Australia, Brazil and beyond
- The Native Risk Collective: a first-of-its-kind insurance framework for digital assets that rewards proactive risk management, with more competitive terms and exclusive coverage for businesses using approved security partners
- Building a highly specialised, expert team responsible for some of the most innovative and complex placements in the space

It reflects the work this team has put in over a very short period of time, and the trust our clients and partners have placed in us. We couldn’t be prouder.

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