ABU DHABI, United Arab Emirates — February 9, 2026
Executive Summary
Soter Insure and Dubai Insurance P.S.C. have announced a strategic partnership to advance digital asset insurance offerings in the United Arab Emirates. The collaboration brings together Soter Insure’s specialized expertise in institutional digital asset insurance with Dubai Insurance’s established market presence and regulatory standing in the UAE. Through this partnership, the companies will offer insurance policies denominated and settled not only in traditional fiat currencies but also in Bitcoin (BTC) and Ether (ETH), addressing asset-liability mismatch and digital asset price volatility risks. According to the companies, the partnership takes effect immediately and is intended to support the growing digital assets ecosystem in the UAE by providing institutional-grade insurance solutions aligned with the region’s regulatory and financial infrastructure.
Announcement Overview
Soter Insure, a provider of specialized insurance solutions for the institutional digital asset ecosystem, announced a strategic partnership with Dubai Insurance P.S.C., one of the United Arab Emirates’ longest-established insurance companies. The partnership is designed to expand the availability of digital asset insurance products across the UAE, combining Soter Insure’s digital asset risk engineering capabilities with Dubai Insurance’s local market reach, underwriting experience, and regulatory alignment.
According to the companies, the collaboration enables the offering of insurance policies denominated and paid out in fiat currencies as well as in Bitcoin (BTC) and Ether (ETH). This structure is intended to address challenges associated with traditional insurance models for digital assets, including asset-liability mismatches and exposure to price volatility at the time of a claim.
The partnership positions both organizations to participate in the expanding digital asset insurance market in the UAE, where institutional adoption of blockchain-based assets continues to increase. The companies stated that the partnership takes effect immediately, with plans to deploy digital asset insurance solutions across the UAE market.
Key Announcement Details
- Announcement type: Strategic partnership announcement
- Announcement category: Digital asset insurance partnership
- Announcing entities:
- Soter Insure (operating entity: Soter Services North America LLC)
- Dubai Insurance P.S.C.
- Effective date: February 9, 2026
- Effective status: Partnership effective immediately
- Jurisdiction of implementation: United Arab Emirates
- Primary market: UAE institutional and professional digital asset ecosystem
- Industry focus: Insurance, digital assets, blockchain-based financial services
- Insurance product scope:
- Institutional digital asset insurance
- Fiat-denominated insurance policies
- Bitcoin (BTC)-denominated insurance policies
- Ether (ETH)-denominated insurance policies
- Settlement structure:
- Claims payable in fiat, BTC, or ETH depending on policy denomination
- In-kind settlement for digital asset–denominated policies
- Primary risk addressed:
- Asset-liability mismatch in digital asset insurance
- Digital asset price volatility risk at time of claim settlement
- Risk management objective:
- Align insured asset denomination with claim payout denomination
- Preserve insured value regardless of market conditions
- Target customers:
- Institutional digital asset holders
- Regulated digital asset firms
- Professional market participants operating in the UAE
- Geographic distribution:
- UAE-wide distribution via Dubai Insurance P.S.C.
- Regulatory positioning:
- UAE-regulated insurance market
- Alignment with UAE insurance and digital asset regulatory frameworks
- Technology and risk engineering provider: Soter Insure
- Underwriting and market distribution partner: Dubai Insurance P.S.C.
- Strategic objectives of the partnership:
- Advance digital asset insurance offerings in the UAE
- Enable crypto asset–denominated insurance policies in the region
- Support institutional adoption of digital assets through risk mitigation
- Leadership involved:
- Henson Orser, Founder and CEO, Soter Insure
- Abdellatif Abuqurah, CEO, Dubai Insurance P.S.C.
- Source entity: Soter Services North America LLC
Strategic Context
According to the companies, the digital asset market has continued to expand globally, with increasing participation from institutional investors, financial institutions, and regulated market participants. In this context, insurance has emerged as a critical component of risk management infrastructure supporting digital asset custody, trading, and operational activity.
Traditional insurance approaches to digital assets have often relied on fiat-denominated policies, which can create asset-liability mismatches when insured assets are held in volatile digital currencies. The companies stated that this mismatch exposes policyholders to price risk between the time of loss and claim settlement, particularly during periods of market volatility.
The partnership between Soter Insure and Dubai Insurance P.S.C. is intended to address these challenges by offering policies denominated and settled in the same digital assets being insured. According to the companies, this structure aligns insured assets and liabilities, reducing exposure to price fluctuations and improving risk certainty for policyholders.
The UAE has positioned itself as a regional hub for digital assets and blockchain innovation, supported by regulatory frameworks designed to enable innovation while maintaining market integrity. The companies stated that the partnership aligns with the UAE’s broader vision for digital finance and financial market development.
Digital Asset Insurance Structure and Coverage Approach
Through the partnership, Soter Insure and Dubai Insurance P.S.C. will offer insurance products designed specifically for digital asset holders and institutions operating in the UAE. According to the companies, these products include policies denominated and settled in fiat currencies, Bitcoin (BTC), and Ether (ETH).
By offering BTC- and ETH-denominated policies, the companies stated that they aim to eliminate the asset-liability mismatch inherent in fiat-only insurance models. Under this structure, policyholders receive claim payouts in the same asset that was insured, regardless of market conditions at the time of settlement.
The companies indicated that this approach removes digital asset price volatility risk from the insurance outcome, ensuring that coverage retains its intended value. According to the announcement, this represents an advancement in digital asset risk management and insurance design.
Market Positioning and Collaboration Rationale
For Dubai Insurance P.S.C., the partnership represents an expansion of its product offerings into the digital asset insurance segment, building on its established position within the UAE insurance market. According to the company, the collaboration allows it to extend insurance services to digital asset-related risks while leveraging Soter Insure’s specialized expertise.
For Soter Insure, the partnership provides access to Dubai Insurance’s distribution capabilities, regulatory positioning, and client relationships in the UAE. The companies stated that this collaboration supports Soter Insure’s geographic expansion and strengthens its presence in a market characterized by regulatory clarity and growing digital asset activity.
The partnership combines Soter Insure’s digital asset risk engineering with Dubai Insurance’s underwriting experience and market trust, positioning both companies to address institutional insurance needs in the UAE digital asset ecosystem.
Leadership Statements
“By combining Soter’s risk engineering with Dubai Insurance’s legacy of trust, we are delivering an insurance architecture that finally speaks the language of the blockchain. Our BTC- and ETH-denominated policies, in addition to traditional Fiat, ensure protection remains in-kind, removing the risk of market volatility. This partnership ensures the UAE remains one of the world’s premier destinations for secure, institutional-grade digital finance,” said Henson Orser, Founder and CEO of Soter Insure.
“As the UAE continues to lead the future of digital finance, insurers have an essential role in enabling innovation with trust, security, and strong governance. Our strategic partnership with Soter reflects our commitment to supporting the nation’s vision through responsible innovation built on sound risk management and regulatory alignment. By becoming one of the first insurers in the UAE and the region to offer crypto asset denominated policies, we are helping shape the next chapter of insurance—one that supports the UAE’s vision while delivering lasting value for our customers,” said Abdellatif Abuqurah, CEO of Dubai Insurance P.S.C.
Implementation and Market Deployment
According to the companies, the partnership takes effect immediately. Both organizations stated that they are committed to deploying digital asset insurance solutions across the UAE market without delay.
The collaboration is structured to enable rapid distribution through Dubai Insurance’s existing channels while incorporating Soter Insure’s digital asset insurance frameworks. The companies indicated that implementation will focus on serving institutional clients and professional market participants operating within the UAE’s regulated digital asset environment.
Regulatory and Market Alignment
The companies stated that the partnership has been structured to align with the UAE’s regulatory framework for insurance and digital assets. Dubai Insurance P.S.C. operates as a regulated insurer within the UAE, while Soter Insure provides specialized digital asset insurance expertise.
According to the announcement, the partnership reflects a commitment to responsible innovation, combining regulatory compliance with product design tailored to emerging digital asset risks. The companies emphasized alignment with governance, risk management, and regulatory expectations in the UAE.
Role in the UAE Digital Assets Ecosystem
The UAE has emerged as a significant market for digital assets, blockchain infrastructure, and institutional participation. According to the companies, insurance plays a foundational role in supporting this ecosystem by enabling risk transfer, operational resilience, and institutional confidence.
By offering insurance products denominated in both fiat and digital assets, the partnership aims to support a range of use cases within the UAE digital assets ecosystem, including custody, trading, and institutional asset management.
The companies stated that the partnership is intended to contribute to the UAE’s position as a destination for secure and regulated digital finance.
About Soter Insure
Soter Insure is an institutional insurance provider focused exclusively on the digital asset and blockchain ecosystem. The company was established to address structural risk gaps that emerged as digital assets became integrated into institutional financial markets, particularly the mismatch between digital asset–denominated exposures and fiat-denominated insurance coverage.
Operating through Soter Services North America LLC, Soter Insure designs insurance products specifically for regulated digital asset firms, custodians, exchanges, financial institutions, and infrastructure providers. Its core product architecture centers on aligning insured assets and claim settlements by offering policies denominated and settled in fiat currencies as well as in native digital assets, including Bitcoin (BTC) and Ether (ETH). This structure is intended to eliminate asset-liability mismatches and mitigate exposure to digital asset price volatility at the time of claim resolution.
Soter Insure’s insurance framework is built for institutional use cases, including custody risk, operational risk, and balance-sheet exposure within regulated environments. The company’s approach combines risk engineering, underwriting design, and settlement mechanics tailored to blockchain-based assets rather than adapting legacy insurance models.
Soter Insure is backed by institutional investors, including Galaxy Digital, and operates with a focus on transparency, regulatory alignment, and risk discipline. The company’s activities are directed toward supporting institutional participation in digital assets by providing insurance infrastructure compatible with modern financial markets and compliance standards.
About Dubai Insurance P.S.C.
Dubai Insurance P.S.C. is one of the United Arab Emirates’ longest-established insurance companies and operates as a publicly listed insurer on the Dubai Financial Market. The company has conducted insurance business in the UAE for multiple decades and serves individuals, commercial enterprises, and institutional clients across the region.
Dubai Insurance provides insurance products across a broad range of lines, including general and specialty insurance, and operates within the regulatory framework governing the UAE insurance sector. The company maintains underwriting, distribution, and claims management capabilities designed to serve both retail and corporate customers in the domestic market.
With a longstanding presence in the UAE, Dubai Insurance has built established relationships with clients, brokers, and institutional partners and has expanded its product offerings over time to address emerging risks and evolving market needs. The company’s operations are aligned with local regulatory requirements and governance standards applicable to publicly listed insurers in the UAE.
Dubai Insurance P.S.C. continues to participate in the development of insurance solutions relevant to new financial and commercial activity in the UAE, including coverage structures designed to support regulated innovation and institutional risk management.
Media Contact
Soter Insure
Email: media@soter.insure
Source Attribution
Source: Company announcement