If you look at the fortune 500, or even fortune 100, the amount of insurance companies in there is astonishing.

This confirms my suspicion that insurance is by and large operated in an abusive way.

I think web3 could help solve some of this, but it's really not sexy. I hope some founders tackle the problem.

Building https://getmocha.com // creator of the https://blockchainsmokers.xyz

I think DAOs can be a potential solution to this, ie insurance managed by the bottom up as a public good. OC, there's a lot of governance challenges in DAOs that still need solving.