In a world where visa & other credit companies can & do insure against fraud, which costs millions every year, it does seem odd that crypto currencies can't get insurance.
Maybe it is because crypto hacks get lots of publicity but fiat 'hacks' don't.
Maybe it is time for the cryto industry to offer it's own insurances for users?
https://cryptodaily.co.uk/2018/12/insurance-is-causing-problems-with-bitcoin-adoption