I've documented the recovery process here: https://docs.eblu.me/how-to/operations/restore-1password-bac...
Basically, I have a borg backup job which runs every day, in a 3-2-1 replication strategy with the backups being sent both to a locally encrypted NAS (backups themselves have an additional layer of encryption via borg) as well as off-site with BorgBase. Those backups scoop up an export of 1password that I have a reminder to kick off manually about once a month via this script: https://github.com/eblume/blumeops/blob/main/mise-tasks/op-b...
The password that decrypts the key (along with the password that decrypts the backup) is stored on a piece of paper in a fireproof safe in my house. I've got a reminder to practice the entire DR process every six months, although I've only done it once so far as this is all pretty new.
It was fun to build!