Audit and Regulatory Framework

Licensing and Registration

OnRe SAC Ltd is authorised and regulated by the Bermuda Monetary Authority. OnRe holds a Class F licence under the Digital Asset Business Act 2018 and a Class IIGB licence under the Insurance Act 1978.

Registered address: c/o Compass Administration Services Ltd, Crawford House, 50 Cedar Avenue, Hamilton HM11 Bermuda. Registered number: 55347.

KYC and AML Processes

To participate in a segregated account on the OnRe platform, capital providers must complete KYC/KYB checks and qualify as “Qualified Acquirers” under Bermuda law — this includes high-net-worth individuals, high-income earners, or institutional investors with assets over $5 million.

Independent Audits

OnRe is committed to rigorous, external validation across both our smart contract infrastructure and our reinsurance operations. We work with trusted third-party partners to conduct regular audits — technical and operational — to identify potential vulnerabilities, strengthen our systems, and uphold the integrity of the platform.

Our smart contracts undergo security audits from leading blockchain firms, while our reinsurance framework is independently reviewed to ensure compliance, sound risk management, and operational transparency.

Audit reports and summaries will be made available to our community as part of our ongoing commitment to openness and accountability: Quantstamp Final Audit Report.