As blockchain, crypto, and Web3 move deeper into the mainstream, digital-asset companies are now facing risks that evolve faster than traditional insurance models. In this episode of Fried on Business, host Jim Fried sits down with Jeffrey A. Glusman, Founder & CEO of BDIC Insurance, and James McCarthy, BDIC’s COO, to break down one of the fastest-rising needs in the market: blockchain insurance for the digital economy.
Jeff Glusman and James McCarthy explain the real-world threats facing Web3 companies — from digital asset theft, cyber-intrusions, and smart contract exploits to regulatory uncertainty and custodial risk. They reveal what blockchain insurance actually covers, why most legacy carriers don’t understand this industry, and how BDIC is building smart, customized underwriting strategies for exchanges, NFT platforms, DAOs, token issuers, blockchain developers, and crypto-focused financial firms.
The conversation explores:
• What blockchain insurance covers (and what it doesn’t)
• Cyber, E&O, D&O, and digital-asset-focused protections
• Why underwriting Web3 is nothing like underwriting traditional tech
• Real attack patterns that put Web3 companies out of business
• How founders can protect investors, customers, and their brand
If you’re building in Web3, investing in digital assets, or responsible for platform security, this episode delivers a practical roadmap for reducing risk, improving compliance, and protecting your business as the industry scales. The future is decentralized — but your risk management shouldn’t be.
This episode of Fried on Business is brought to you by our presenting sponsor, Warren Henry Auto Group.
🎙️ New to streaming or looking to level up? Check out StreamYard and get $10 discount! 😍 https://streamyard.com/pal/d/6126418013716480
0