Insurance policies supported by Lloyd's of London can now be paid for with cryptocurrency on Ethereum

ChainCatcher news, according to CoinDesk, insurance policies supported by the Lloyd's of London in the UK insurance market can now be paid for with cryptocurrency on Ethereum.

Insurance underwriter Evertas has partnered with the smart contract insurance market Nayms to offer on-chain policies, allowing customers to pay with USDC or native cryptocurrencies, or to fully insure on-chain.