Let's say I need to insure an asset the value of which exceeds $ 200,000. If there isnt enough money in the reserve, can your platform integrate with another one, borrow the funds, pay them back to me, and then repay the debt?
Good day,
That is a not something we are looking to do currently. As for the safety of the investors and the company, our reserve would always stay higher than the liability we are taking. In the case that the reserve does not offer enough funds to cover your portfolio, the system will then has to decline the insurance case. However, in the future we could be looking at emergency borrowing to increase our funds, but other parts of our business such as investment and hedge fund would be contributing towards the growth of the reserve fund to cover the liability.