Is Independent Reserve insured?

Could you please clarify whether Independent Reserve, as a cryptocurrency exchange platform, offers any form of insurance coverage to protect users' assets in case of unforeseen events such as hacks, theft, or other types of security breaches? It's crucial for investors to understand the level of safety and security their funds enjoy when entrusted with such platforms. Are there any specific insurance policies in place, and if so, could you elaborate on the scope and extent of such coverage? Thank you for your time and consideration.