It seems to me that this insurance is still damp for now, but a start has been made and perhaps more and more insurers will look at the crypt and include it in their insurance products and therefore there will be more and more clarity in terms of legal subtleties and the legislative base will be customized, in general the direction is very correct. .
Insurance dumped price? What are you talking mte? This is really needed for crypto, because a lot of people was frauded or their money were stolen from exchanges. And this is really good news that they have insurance for their traders.
Of course new insurers will come in crypto. Even more, as far as I know some good project making crypto insurance already with their tokens. One of them - Pal Network. It was mentioted as one of 3 most promising project for 2019:
https://bitcoinist.com/cryptocurrencies-bitcoin-pal-trx-waves/Yes, insurance is needed. The more legitimate the crypto space is, the more adoption we will have