All assets secured under the Genesis and Genesis+ tiers are insured. We have an insurance policy brokered by Marsh that covers your assets on a pro-rata basis.
What does this mean?
The term "pro rata" is used to describe a proportionate distribution. For instance, your assets are divided proportionately among other Genesis and Genesis+ account holders based on the size of claim.
If the whole claim from all holders was for 1m GBP and your holdings were 100k GBP you would be apportioned 10% of the claim.