insurance on crypto is now a booming buisness according to ZH

this might be where the industry is headed, yet, another downturn might be on the way, remember the story of AIGFP, the financial product division of AIG which managed the insurance of mortgage backed securities which underlined the previous 2008 crisis and triggered the need to bail out AIG to prevent contagion,companies are partying now on healthy premium with now need to pay out, but will crypto be the reason for a second bailout in the insurance industry?

https://www.zerohedge.com/news/2018-07-22/cryptocurrency-insurance-business-booming