Crown Jewel Insurance

What Crown Jewel Insurance does

Crown Jewel Insurance (CJI) is a Miami-based InsurTech company and Lloyd's Coverholder founded in 2021 by Mary Guzman to address the absence of insurance coverage for trade secret theft. The company created what it describes as the world's first trade secret insurance product, marketed as InnovationGuard™ and Crown Jewel Protector, providing investigation and recovery cost coverage (standard $250,000, up to $500,000) and agreed-value indemnity limits up to $13.5M. Underwriting is supported by a proprietary Trade Secret Asset Risk Management (TSARM) due-diligence framework that helps insured companies identify, classify, control, monitor, and document their trade secrets to qualify for coverage, and the resulting documentation is intended to function as litigation-grade evidence in misappropriation disputes. The stack also includes an optional blockchain/hashcode timestamping mechanism for trade secret metadata and a separate CJI VendorTech cyber and technology E&O policy for vendors that uses third-party ML (CyberWrite) for risk assessment.

CJI monetizes through specialty insurance premiums (annual subscription, quote-based) and adjacent advisory and consulting revenue from TSARM engagements, trade secret workshops (one-hour to half-day formats), and a TSARM Maturity Health Check assessment. Reinsurance capacity of $16M+ is provided by a Lloyd's syndicate consortium led by Chaucer and joined by Apollo Syndicate Management, Tokio Marine Kiln, and Greenlight Re, with Acrisure London Wholesale acting as wholesale broker. Distribution is sales-led, combining direct enterprise outreach to U.S. companies with $10M–$1B in revenue across six target verticals — Technology, Advanced Manufacturing, MedTech/BioTech, Financial Services, Logistics, and PE/Investors — with broker-led indirect placement and Lloyd's-enabled global reach (excluding sanctioned countries). The company is privately held, reports 1–10 employees, and has not disclosed funding rounds or revenue figures.

Name

Crown Jewel Insurance

Legal name

Crown Jewel Insurance

Website

https://crownjewelinsurance.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Crown Jewel Insurance is a Miami-based InsurTech and Lloyd's Coverholder that created the world's first trade secret theft insurance, combining a proprietary Trade Secret Asset Risk Management framework with specialty insurance products for U.S. companies with $10M–$1B in revenue.

Ownership category

akta.pro rank

Product category

Specialty Insurance

NAICS

Finance and Insurance (52)

SIC

Insurance Carriers, Nec (6399), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Crime Insurance (Financial Institution & Commercial Crime) (FSAJAIAE)

Keywords

• Trade secret insurance
• Specialty insurance
• Intellectual property protection
• Risk management advisory
• Intangible asset insurance

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. InnovationGuard Trade Secret Insurance Premiums: Specialty insurance product providing coverage for trade secret theft. Policy limits up to $13.5M full loss indemnity (most companies choose $3M-$5M). Investigation and Recovery costs covered up to $250,000 standard limit. Premiums based on valuation approach chosen and risk assessment.
2. TSARM Advisory and Consulting Services: Advisory services for trade secret identification, classification, protection, and valuation. Services prepare companies for insurance qualification and include trade secret workshops ranging from 1-hour to half-day sessions. Revenue generated from consulting engagements and educational programs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Crown Jewel Insurance provides specialty insurance products and advisory services for trade secret asset risk management (TSARM). The company offers the world's first trade secret theft insurance (InnovationGuard™/Crown Jewel Protector), covering investigation and recovery costs up to $250,000-$500,000 and agreed-value indemnity up to $13.5M. Complementary advisory services help companies identify, classify, protect, and document trade secrets to qualify for insurance coverage.

Product overview

Crown Jewel Insurance offers a portfolio of trade secret risk management solutions centered on two core insurance products (InnovationGuard™ and Crown Jewel Protector) supported by advisory services (TSARM™). The insurance products fill gaps left by traditional policies (cyber, property, crime, Reps & Warranties) by covering trade secret theft, providing investigation/recovery services and indemnity payments for agreed values. Supporting offerings include the VendorTech module for vendor risk management and the TSARM Maturity Health Check assessment tool. The company operates as an InsurTech and Lloyd's Coverholder.

Differentiator

Problem solved

Functional benefit

Brands

• InnovationGuard™: Market-leading trade secret theft insurance product covering investigation, recovery costs, and indemnity payments for misappropriated trade secrets.
• TSARM™
• Crown Jewel Protector

Products and services

• InnovationGuard™ Trade Secret Insurance World's first trade secret theft insurance product providing investigation and recovery coverage (up to $250,000 standard, $500,000 available for some insureds) and indemnity/agreed-value coverage (up to $13.5M full loss). Fills gaps left by traditional cyber, property, crime, and Reps & Warranties insurance exclusions for trade secret theft or misappropriation. Includes crisis management services with legal and forensic experts.
• Crown Jewel Protector First-in-market trade secret insurance policy backed by Lloyd's providing protection against loss in value from theft or misappropriation of trade secrets. Includes forensic and legal expert support, disaster response, and pre-agreed fair market value payments upon covered loss.
• TSARM™ Advisory Services Advisory framework that helps companies identify, classify, control, monitor, and document trade secrets. Five-step process transforms sunk R&D costs into insurable trade secret assets, enabling companies to demonstrate ownership, protection measures, and qualify for insurance coverage.
• CJI VendorTech Cyber and Technology Errors & Omissions policy written on contract-specific basis, providing small to mid-sized vendors up to $10M of primary coverage. Benefits enterprise sponsors by ensuring vendors can meet indemnity obligations in breach, outage, or error scenarios. Uses ML-based SaaS from CyberWrite for vendor risk assessment.
• TSARM Maturity Health Check Confidential online assessment tool that enables companies to evaluate their trade secret protection maturity level and receive a score with recommendations for qualifying for trade secret insurance coverage.

Quantifiable outcome

• Insurance checks cover SEC compliance, Board protection, solvency and liquidity, and smooth earnings
• +2 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and support.

• Acrisure London WholesalecoreChannel Partner/ Reseller/ Distributor · 28 November 2023Insurance broker handling placement of CJI's trade secret insurance policies. Enables retail brokers to access CJI coverage through wholesale market relationships.
• CyberWritesupportTechnology or IntegrationML-based SaaS service provider used by CJI for vendor risk assessment. CyberWrite's technology helps underwriting teams and enterprises assess and benchmark vendor cyber risk.
• R. Mark Halligan (FisherBroyles LLP)coreImplementation/ SI/ Consulting PartnerKey service provider and trade secret attorney who assists insureds in advisory capacity. Author of 15+ Reuters articles on trade secrets. Expert in trade secret asset management and litigation.
• Epstein Becker & Green P.C.supportStrategic or Co-development PartnerLaw firm partner for podcast collaboration discussing trade secret and non-compete litigation, litigation funding, and CJI's role in preparing companies for trade secret disputes.
• Omni BridgewaysupportStrategic or Co-development PartnerLitigation funding partner featured in podcast discussing how litigation funding enables companies to pursue trade secret claims that might otherwise be unaffordable.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hiscox: Specialty Lloyd's insurer offering cyber, tech E&O, and IP-related coverages to mid-market companies; comparable to CJI given its Lloyd's DNA and focus on specialty P&C lines sold to similar middle-market insureds.
• Beazley: Lloyd's specialty insurer with a leading cyber and tech E&O franchise; comparable to CJI for specialty-line underwriting through Lloyd's, broker distribution, and serving innovation-economy customers.
• Tokio Marine HCC: Specialty insurer and Lloyd's market participant with cyber, technology, and intellectual property insurance products; directly comparable as a specialty carrier addressing IP/cyber risks for similar enterprise buyers.

Broad incumbents

• Chubb: Largest publicly traded P&C insurer with extensive specialty and cyber capabilities and deep broker relationships; could expand into trade secret insurance as an incumbent extension of its IP/cyber portfolio.
• AIG: Global P&C and specialty insurer with substantial financial lines and cyber franchises; comparable as a large incumbent that can build or acquire into the trade secret insurance category.
• Travelers: Major U.S. P&C carrier with a growing specialty cyber and technology E&O practice; comparable broad incumbent that could credibly enter the trade secret insurance niche.
• AXA XL: Specialty P&C division within AXA offering cyber, E&O, and intellectual property insurance programs; comparable broad incumbent with specialty underwriting capabilities and global broker reach.

Emerging players

• Coalition: Cyber-focused InsurTech providing active monitoring, quantification, and insurance to mid-market and enterprise customers; comparable emerging InsurTech built around a technology-enabled specialty insurance product.
• At-Bay: Cyber InsurTech using security data and ML underwriting to serve mid-market insureds; comparable emerging InsurTech model combining technology-driven risk assessment with specialty insurance distribution.

Others

• Munich Re: Global reinsurer operating innovation programs that back novel specialty insurance products through capacity and expertise; relevant as a comparator for the kind of institutional capacity providers (similar to Chaucer and Greenlight Re) that underwrite trade secret risk.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/CrownJewel_Ins
• LinkedInlinkedin.com/company/crown-jewel-insurance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Crown Jewel Insurance