This report by Further Ventures outlines the rising demand for insurance in the digital assets industry, with less than 3% of assets currently insured due to high premiums and limited expertise. Jurisdictions like the UAE and Hong Kong are driving regulatory frameworks to mandate coverage for crypto services. New entrants, such as Soter Insure, are addressing this gap with crypto-denominated insurance products. The report highlights challenges for traditional insurers and opportunities for innovation in the Web3 ecosystem.