Yes, we did not analyze exchanges yet. For this needs the finalised insurance model that is in progress. In the model, the list of exchanges pointed as an example.
From your financial model:
First of all, we analyzed the crypto services market to understand how much crypto services we can insure.
You did a great analysis. One of the exchanges is decentralized and can't be insured and another one is insured already.
In the model, the list of exchanges pointed as an example.