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Episode 71: James Tallarico and Kevin Flasch, Risk Strategies

Joining me in the Tokens of Wisdom Studio today are James Tallarico and Kevin Flasch from Risk Strategies to discuss the evolving landscape of insurance in the crypto space. They delve into the differences between insurance brokers and providers, the challenges faced in obtaining adequate coverage for crypto-related businesses, and the importance of tailored insurance policies. The conversation covers essential coverages for fund managers, the evaluation of insurance costs, and common mistakes made by new managers when purchasing insurance.

Key Points From This Episode:

  • Difference between an insurance brokerage and a provider.
  • Insurance for the crypto space was historically inadequate.
  • Risk Strategies created a proprietary GPL policy form for crypto.
  • What are D&O and E&O?
  • What other kinds of insurance should fund managers obtain?
  • Insurance costs are influenced by assets under management (AUM).
  • New fund managers often underinsure or misallocate costs.
  • Understanding policy language is vital to avoid coverage gaps.

Disclaimer:

This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us share their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.

Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/

Links Mentioned in Today’s Episode:

Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/

James Tallarico - https://www.linkedin.com/in/james-tallarico-466290100/

Kevin Flasch - https://www.linkedin.com/in/kevin-flasch-749412339/

Cole-Frieman & Mallon LLP - https://colefrieman.com/

Risk Strategies - https://www.risk-strategies.com/

Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg

For any questions or comments, email: [email protected]

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71 episodes