Analyzing the metaverse dynamics in the insurance sector

A virtual world involving the sale of digital assets will inevitably require cyber insurance for protection against metaverse commerce risks. Metaverse could allow insurers to expand their policies to cover risks associated with virtual activities, transactions, and assets. Currently, there is a gap in digital protection, and a growing need to cater to these risks and develop innovative insurance products and services as the metaverse develops. Virtual insurance will be needed in various areas, from property to health and travel insurance in the digital world.