You want to create an exchange with insuranse or you are going to insure tokesn and coins via your insuranse program (company) ?
In the white paper of the project it is written that they want to create a exchange for trading options. And at the same time they will offer all buyers or sellers to insure their options.
Crypto-currencies have great volatility and this can work.
Crypto-currencies have not just great volatility but giant volatility and no one with a sensible mind would have sold options on crypto-currencies. It is very good that the developers plan to launch not just a stock exchange, but also insurance of options.
Of course, insurance options is a good idea. This will help make options trading very popular. I think there will be a lot of fans at the new exchange.