Insurance Coverage
At CheckSig Clear, our transparent processes, which feature collaborative multilevel custody and Proof-of-Reserves, are meticulously crafted to provide the highest level of protection. As an additional layer of security, all of the crypto assets under custody at CheckSig are insured, leaving no room for risk, no matter how unlikely
Insured vaults
CheckSig ensures the security of clients’ crypto assets through robust insurance coverage for all assets stored in Frozen, Cold and Hot Wallets. The insurance policies are designed to protect against a wide range of potential risks, including theft, fraud, and technical issues, providing comprehensive peace of mind in any circumstance.
To uphold the highest level of security, insurance coverage limits are dynamically adjusted. This proactive approach guarantees that coverage consistently exceeds standard requirements for client operations, offering thorough protection at all times. Clients can be confident that their assets are safeguarded beyond typical operational needs, accommodating any changes or scaling in their activities.
The insurance coverage is provided by prominent European insurers, each holding a minimum Financial Strength Rating of AA from Fitch. Before securing this insurance, CheckSig undergoes a rigorous evaluation of its processes and risk management protocols. This comprehensive assessment ensures that procedures meet or exceed industry standards, allowing insurers to support the operations with confidence.
