After seeing the trailer, I can see where this might be a bit more fun than an insurance company. I do look forward to seeing what other kinds of crazy gadgets they come up with.
I was thinking just the opposite. I can see the humor potential in a sitcom about superhero insurance, about people trying to deal with the economic and legal and other real-world consequences of superhero battles that usually get glossed over. Plus it allows an opportunity to satirize the insurance industry and its foibles and frustrations, which is something most of us can recognize and relate to. (I liked the gag in the original pilot's trailer about the staffers debating whether damage caused by Wonder Woman was an act of god from an insurance standpoint.)
But the new premise leaves me bewildered as to where the stories will come from. Sure, building protective gadgets could make for some cute sight gags, but how does it drive a plot? How is it a business that's relatable to the viewers or allows satirizing an aspect of real life? It looks like it's just shallow, empty goofiness.