Insurance. While not the “sexiest” industry, it is undeniably a huge market — worth more than 5 trillion USD in 2021. Similar to TradFi, Traditional Insurance (TradIn) is beset with inefficiencies and incentive misalignment that is primed to be disrupted by crypto-based insurance markets. Crypto-based insurance is in its infancy, with a combined coin market cap of ~1.2 billion USD at the time of writing. However, this market is set to grow rapidly over the next few years, likely expanding fro...