Gaming has become a popular hobby for people of all ages, with many investing significant time and money into their virtual experiences. However, a growing concern for gamers is the risk of cyberattacks that can compromise accounts and lead to the theft of valuable digital assets. Waffle, an InsurTech solution, has partnered with Blink by Chubb to offer insurance protection for these assets.
Norton reports that nearly half of American gamers have experienced a cyberattack on their gaming account or device, with over three-quarters being financially affected and losing an average of $744. Previously, gamers have had limited insurance protection options for their digital assets, but Waffle aims to change that.
Through Blink by Chubb’s cyber insurance protection, Waffle customers can safeguard their online gaming goods against cyberattacks and other potential risks. Coverage extends beyond gaming to protect various aspects of customers’ digital lives, including identity theft, cyber financial fraud, breach of privacy, and more.
Waffle’s CEO, Quentin Coolen, stated: “As gamers, we know firsthand the thrill of exploring new worlds and achieving epic victories within our favorite games. We also understand the gut-wrenching feeling of losing everything in an instant because of a cyberattack…We’re on a mission to empower gamers to play fearlessly and protect what matters most to them.”
The collaboration between Waffle and Blink by Chubb provides personalized cyber protection to fellow gamers. Laura Bennett, President of the North America Digital Consumer Division at Chubb, said: “We are thrilled to broaden our partnership with Waffle and provide the gaming community with cyber insurance that not only protects their financial investments in digital gaming assets but also keeps their focus on getting to the next level and venturing boldly into the virtual world.”
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Overall, Waffle’s partnership with Blink by Chubb provides valuable protection for gamers who want to play fearlessly while protecting their investments in their virtual experiences.