To many, the “metaverse” sounds like some obscure sci-fi fantasyland. You might ask, where is it? How do you get there? Chances are, if you’re reading this article on a screen, you’re already interacting with what can be described as the metaverse. One thing is for sure though, if the metaverse is to succeed insurance will play a crucial role. The metaverse is not without risk.
The Insurance Journal recently published an article by Hunton Insurance Recovery attorneys discussing risk management of exposures in the metaverse. In the article, Syed S. Ahmad, Kevin V. Small, Adriana A. Perez, and Jessica Lamour* discuss the critical role insurance can play in the metaverse, as well as the coverage that may be available under policies that insure assets in the material. universe. A copy of the article is available here.
*Miss. Lamour is a Juris Doctor candidate at Duke University School of Law who was a summer associate in Hunton Andrews Kurth̵7;s insurance coverage group.