As the demand for insurance for digital assets continues to rise, the insurance sector faces challenges due to its complexity, fragmentation, and limited understanding of modern risks. Avata’s founders recognized a significant problem: professional gamers, whose digital assets are crucial for advancing their gaming careers, lacked protection against emerging (cyber) risks.

This realization sparked the development of insurance solutions specifically tailored to address the risk of digital asset losses. What started as an initial idea has now evolved into an innovative solution, offering personalized insurance options for all owners of digital assets.