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Deepfake lawsuits are rising. Stablecoin firms are navigating diverging US and EU rules. And AI vendors are facing growing scrutiny over accountability, governance, and product liability.
This week’s Risk Wrap looks at how those pressures are reshaping exposure across AI, digital assets, biotech, and cannabis, from cyber risk in AI-driven clinical trials to evolving SEC treatment of blockchain infrastructure.
See the comments to read the full wrap.
Relm exec: insurers lack the capacity to cover a Bybit-scale hack. Firms are buying more coverage, but mega-breach losses — financial, legal and systemic — could exceed insurers' limits. That coverage gap is reshaping crypto risk management ⚠️
https://t.co/RlwMkd7XZ7
Great interview from Leah Callon-Butler at @CoinDesk with Joseph Ziolkowski on:
• How Relm underwrites risks in industries with little historical data.
• Why the 2022 market collapse marked a turning point for crypto risk management.
• How years of carrying net risk helped build a profitable, globally reinsured book of business.
https://t.co/GyWCRai5iR
“If ChatGPT were a person… it would be facing charges for murder.”
That’s how one regulator framed a new lawsuit against OpenAI — a case that’s pushing AI liability into uncharted territory.
This week’s Risk Wrap looks at what that means in practice, alongside new crypto regulation in Pakistan, shifting cannabis compliance across Europe and Israel, changes to the EU AI Act, and tighter gambling rules in Colombia.
See the comment section to read the full wrap.
"Stolen funds were laundered through cross‑chain infrastructure before reaching exchanges."
That’s the reality behind a wave of large‑scale crypto hacks this year — and it’s exposing how cyber risk, AML failure, and cross‑chain design collide.
This week’s Risk Wrap looks at what that means in practice, alongside rising trade‑secret litigation in biotech, growing AI exposure in manufacturing, tighter cannabis sector enforcement, and new signals from Washington on crypto and AI governance.
See the comment section to read the full wrap.
“You can't blame it on the box. If you use this technology, you are still accountable for it.”
That’s the direction regulators are taking on AI, and it’s already reshaping how risk sits with boards, buyers, and vendors.
This week’s Risk Wrap covers what that means in practice, alongside rising crypto crime flows, growing space cyber exposure, and increasing pressure on directors.
See comment section to read the full wrap.
Client spotlight: Relm Insurance
@RelmInsurance is helping institutional markets make sense of governance, cyber controls, insolvency exposure, and D&O liability in the digital asset space, not as abstract threats but as real, structured risks that can be properly underwritten.
Our role was simple. Put Relm at the center of that global conversation.
Through a focused international media strategy, we secured and amplified CEO Joseph Ziolkowski's interview on @Reuters’ @_theinsurer, alongside coverage in @IntelligentIns and @Emirates_News. The result positioned Relm exactly where it belongs, leading the conversation around how complex digital asset risks can be responsibly insured.
Crypto insurance can’t rely on the past 📉
“Systemic risk isn’t designed to be transferred.”
@RelmInsurance CEO Joseph Ziolkowski explains how underwriting is evolving beyond historical data ⬇️ 🔗
As digital assets and technologies become increasingly integrated across industries, specialised insurance to protect non-traditional assets is essential for the secure adoption of these innovations.
#EmiratesNews#DubaiOneTv#UAE#Dubai#News@gregfairlie
@AlexKrasnow@ImperiumPaper@aave Quick explainer: it's standard, nerdy insurance stuff but Relm is rated by Demotech ('A, Exceptional'). Where the AM Best paper comes in is through the MGAs we have in the US (through Trisura on AM Best) and the UK (through Bridgehaven Specialty on AM Best)
This week’s Risk Wrap covers events shaking up the world’s most innovative markets, from crypto infrastructure and DeFi under threat to agentic AI, cannabis contamination, new gambling regulations, and biotech monopolies.
Check the comments for the full story.