Transaction Insurance

Secure it first. Then insure it.

The first-of-its-kind transaction-level insurance — underwritten, not inferred. Protection applied to the specific parties, accounts, and amounts of each deal.

Underwritten at Lloyd's of London

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FULL COVERAGE

Complete Protection

Up to your full transaction amount

Coverage

$250,000

Fully Protected Transaction

Coverage Suite

Fraud ChecksReal-time transaction screening
Identity VerificationAll parties confirmed
Bank Account ValidationRouting and account confirmed

The CHALLENGE

Cyber Policies Don't Cover Most Fraud Losses

Most organizations assume their cyber insurance covers wire fraud. It doesn't — not at the transaction level. Blanket policies have exclusions, sub-limits, and gaps that leave individual transactions exposed.

The Basefund Approach

Insurance that actually covers the transaction.

Coverage applied to the specific parties, specific accounts, and specific amount at risk. Underwritten by Lloyd's of London and activated only after verification and validation are complete.

Process

Coverage is earned, not assumed.

Verified users. Validated accounts. Then — and only then — insurance activates.

Verify All Parties

Multi-factor identity verification on every participant. No exceptions.

Validate All Accounts

Every receiving bank account is confirmed as legitimate, active, and belonging to the intended recipient.

Activate Coverage

Transaction-level insurance bound through Lloyd's of London — covering the specific transaction.

Move Money

Funds release only after all parties are verified, all accounts validated, and insurance bound.

Evolution

Four eras of transaction security.

Each generation solved part of the problem. Only the latest — verify, validate, insure — solves all of it.

1990s

Plain Email

Wire instructions in plain text. No encryption, no verification, no protection.

2010s

Encrypted Email

Protected the message in transit — not the identity of the sender. Spoofed emails still looked legitimate.

2010s

Callback Verification

Manual confirmation that doesn't scale. Social engineering made callbacks unreliable. No insurance backed the process.

Today

Verify + Validate + Insure

Digital identity verification, real-time account validation, and transaction-level insurance through Lloyd's of London. Every layer, every transaction.

Comparison

Blanket policy vs. transaction-level coverage.

At Risk

Blanket Cyber Policy

Coverage gaps for wire fraud and social engineering
Sub-limits that don't match transaction values
Claims process that takes months, not days
No connection to the actual transaction
Reactive — pays out after the damage is done

Insured

Basefund Transaction-Level Policy

Coverage bound to the specific transaction
Limits that match the actual dollar amount at risk
Underwritten by Lloyd's of London
Activated only after verification and validation
Proactive — prevents loss before it occurs

FAQ

What institutions want to know.

Coverage is bound to the verified parties, validated accounts, and exact dollar amount at risk. If a loss occurs, the policy responds to the specific transaction — not a general category of risk.

Cyber insurance covers broad events — data breaches, ransomware, business interruption — with sub-limits for wire fraud that rarely match real transaction values. Basefund's insurance is deal-level: bound to the specific transaction with limits that match the actual dollars at risk. The two complement each other.

Lloyd's of London — the world's leading specialty insurance market. Over 300 years of insuring complex risks with the financial strength institutional transactions demand.

Basefund transactions include $250,000 of coverage at no additional cost — activated automatically once verification and validation are complete. Additional coverage available for higher-value transactions.

Yes — available with both Secure Closings and Secure Transactions. Every transaction on the platform can be verified, validated, and insured.