The Web3 Watchdogs

#25 - Why Crypto Insurance Needs to Be Built from Scratch


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Michael Pearl interviews Anya Szpak, the Chief Legal Officer at Nexus Mutual.

They discuss the unique insurance model of Nexus Mutual, which operates as a decentralized insurance platform where members insure one another.

Anya shares insights on the challenges of risk assessment in decentralized finance, the transparent claims process governed by community voting, and the regulatory landscape for discretionary insurance in the UK.


(05:45) Nexus Mutual: Revolutionizing Insurance in Web3

(11:03) Understanding Coverage: Who and What is Insured

(12:54) Risk Assessment in DeFi: Navigating Uncertainties

(19:22) Claims Process: How Does It Work?

(24:48) Regulatory Landscape: Navigating Compliance in Insurance

(29:04) Ensuring Security: Protecting Nexus Mutual from ThreatsThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.

Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.

Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠

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