Underwriting and controlling exposure

To control fraud, we will use Know Your Customer checks and deploy wallet monitoring. A deductible will also be added to regulate the frequency of claims — with limits in place to mitigate volatility. And to control major events such as wallet drains, we'll work on the assumption that there are a maximum of 200 policies in each time zone. Peak crypto usage remains constant throughout the day given the 24/7 nature of the market.

A screenshot from one of our form fields shows the time zone.

Risk ratings will be crucial in ensuring that policies are properly priced.