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We have dedicated mountaineering insurance. The levels of cover you can choose are up to 5000m and up to 7000m (professional guide and by prior agreement only). There is no cover available above 7000m.
I gather that these limits are pretty standard off the shelf but if you want to, and you have extremely deep pockets, bespoke private insurance is possible with private insurance companies but usually not financially viable as the premium can approach the benefit.
"It is structured as a classic commercial expedition, based on a very strong Sherpa team climbing on O2 and fixing as much rope as possible, plus a number of members who pay for their spot on the team. None of these foreign climbers has ever attempted an 8,000m peak in winter before.". Hmm.
'Still open to new members'. I nominate Boris & Nigel Farage. I'm happy to chip in.