Lloyd's of London coverholder Evertas has partnered with Ethereum-based insurance marketplace Nayms to introduce on-chain crypto insurance policies. This collaboration allows clients to purchase insurance using USDC or native cryptocurrencies, thereby enhancing the integration of traditional insurance with blockchain technology. The partnership unlocks millions in insurance capacity and represents a significant milestone for USDC, as it marks the first on-chain insurance products underwritten by Lloyd's. The policies are designed to offer seamless interaction for customers seeking coverage for digital assets.