Ethereum co-founder Vitalik Buterin posted on X, saying that, "In my opinion, insurance DAOs are undervalued. N individuals concerned about similar risks pool their funds and agree to provide protection for anyone who suffers from the risk. The symmetrical model ensures that there are fewer imbalances in benefits. If needed, DAOs can still hire professional claims judges, but their incentive is to be fair and impartial, as each participant doesn't know if they will be the next beneficiary. Similar models have existed in the past, and even still exist in some places today."