Terms of Use

Materials are for informational purposes only and not legal, financial, tax, or investment advice. Participation in OnRe involves risk. Seek independent advice before engaging.

1. About these terms

1.1. These terms and conditions of use (Terms) govern your use of our website(s) and application (collectively our Platform).

1.2. These Terms apply between On Re SAC Ltd. (we, us or our) and the person or corporate entity on whose behalf you are using the Platform (you or your).

1.3. If you are using our Platform on behalf of a corporate entity then by continuing to use our Platform you are confirming that you have authority to accept these Terms on behalf of the corporate entity.

1.4. You should read these Terms carefully before using the Platform. By using the Platform or otherwise indicating your consent, you agree to be bound by these Terms. If you do not agree with any of these Terms, you should stop using the Platform immediately.

1.5. These Terms apply to all parts of the Platform, its functionality and content made available to you.

1.6. If there is a conflict between any of the provisions of these Terms and any of the provisions of any other agreement between you and us (Other Agreement(s)), the provisions of the Other Agreements will prevail.

2. About us

2.1. We are On Re SAC Ltd., an exempted limited company, registered under the Segregated Accounts Companies Act 2000, and whose registered address is Crawford House, 50 Cedar Avenue, Hamilton HM11 Bermuda, and whose registered number is 55347.

2.2. We hold a Class F licence under the Digital Asset Business Act 2018 and a Class IIGB licence under the Insurance Act 1978.

3. Using the Platform

3.1. You agree that you are solely responsible for all costs and expenses you may incur in relation to your use of the Platform.

3.2. You acknowledge that you access the Platform at your own initiative and are responsible for compliance with local laws where they apply.

3.3. As a condition of your use of the Platform, you agree not to:

• 3.3.1. Misuse or attack our Platform by knowingly introducing viruses, trojans, worms, logic bombs or any other material which is malicious or technologically harmful (such as by way of a denial-of-service attack);

• 3.3.2. Attempt to gain unauthorised access to our Platform, the server on which our Platform is stored or any server, computer or database connected to our Platform;

• 3.3.3. Resell, lease, share, distribute or otherwise permit any unauthorised third party to use the Platform;

• 3.3.4. Use the Platform to design, develop or create any competing product or service; or

• 3.3.5. Otherwise use the Platform for any commercial or non-commercial purpose other than the intended purposes determined at our discretion.

3.4. We may prevent or suspend your access to the Platform if you do not comply with these Terms or any applicable law.

3.5. We try to make sure that the Platform is accurate, up-to-date and free from bugs, but we cannot promise that it will be. Furthermore, we cannot promise that the Platform will be fit or suitable for any purpose. Any reliance that you may place on the information on the Platform is at your own risk.

4. Registration and password security

4.1. Use of our Platform requires registration and the creation of an identity (your Profile) in order to access and use restricted areas of the Platform.

4.2. We are not obliged to permit anyone to register with the Platform and we may refuse, terminate or suspend registration to anyone at any time.

4.3. You are responsible for making sure that your password and any other registration details are kept secure and confidential.

4.4. If we have reason to believe there is likely to be a breach of security or misuse of the Platform through your Profile or the use of your password, we may notify you and require you to change your password, or we may suspend or terminate your Profile.

5. Access to and availability of the Platform

5.1. We may suspend or terminate access or operation of the Platform at any time as we see fit.

5.2. While we try to make sure that the Platform is available for your use, we do not promise that the Platform will be available at all times or that your use of the Platform will be uninterrupted.

6. Changes to the Platform

We may, at our discretion and without liability to you, with or without prior notice and at any time, modify or discontinue, temporarily or permanently, all or any part of the Platform.

7. Intellectual property rights

7.1. The intellectual property rights in the Platform and in any text, images, video, audio or other multimedia content, software or other information or material submitted to or accessible from the Platform (Content) are owned by us and our licensors.

7.2. We and our licensors reserve all our intellectual property rights (including, but not limited to, all copyright, trademarks, domain names, design rights, database rights, patents and all other intellectual property rights of any kind) whether registered or unregistered anywhere in the world.

7.3. Nothing in these Terms grants you any legal rights in the Platform or the Content other than as necessary for you to access and use its functionality. You agree not to adjust, try to circumvent or delete any notices contained on the Platform or the Content.

7.4. We will own any feedback, suggestions, ideas, or other information or materials regarding the Platform that you provide (Feedback).

8. Security and sharing of information submitted to the Platform

8.1. We will use reasonable efforts to make sure that the Platform is secure.

8.2. Information supplied to us through the Platform may be made available to other users of the Platform where necessary to provide or receive services via the Platform.

9. Content Disclaimer

9.1. Any Content is provided for general information only and is not tailored to your specific requirements. It does not constitute:

• 9.1.1. An offer to purchase or subscribe for any investment, product or service; or

• 9.1.2. Technical, financial or legal advice or any other type of advice.

10. Our liability to you

10.1. Our liability under these Terms will not exceed the greater of $10,000 or the total fees you have paid to us in the twelve-month period before the event giving rise to the claim.

10.2. We are not liable for:

• 10.2.1. Consequential, indirect or special loss; or

• 10.2.2. Direct or indirect loss including:

  • (a) Loss of profit;

  • (b) Loss of revenue;

  • (c) Loss or corruption of data;

  • (d) Loss or corruption of software or systems;

  • (e) Loss of commercial opportunity;

  • (f) Loss of unrealised gain;

  • (g) Loss of savings, discount or rebate;

  • (h) Harm to reputation or loss of goodwill;

  • (i) Loss of business;

  • (j) Wasted expenditure;

  • (k) Other losses such as:

    • (i) Acts or omissions of Platform users;

    • (ii) Losses related to Content;

    • (iii) User negligence including unsupported cryptocurrencies, wrong transfers, security failures;

    • (iv) Fiat currency fluctuations;

    • (v) Court-ordered fund remittance.

10.3. Nothing excludes or limits our liability for death, personal injury, fraud or other non-excludable liabilities.

10.4. You cannot double-recover losses already covered under Other Agreement(s).

10.5. You are responsible for conducting your own checks and approvals.

11. Warranties

11.1. We warrant reasonable care and skill in the design and operation of the Platform.

11.2. All other warranties, conditions and terms are excluded to the extent permitted by law.

12. Events beyond our control

We are not liable for failure to comply with these Terms due to events beyond our reasonable control.

13. Confidentiality

13.1. Both parties agree to maintain confidentiality.

13.2. Breaches must be notified immediately.

13.3. Confidentiality exceptions include:

• 13.3.1. Public blockchain information;

• 13.3.2. Public domain information;

• 13.3.3. Lawful third-party disclosures;

• 13.3.4. Independent developments;

• 13.3.5. Legal disclosure requirements.

14. Your privacy and personal information

Personal information is handled under our Privacy Policy at onre.finance.

15. No third party rights

No third party has rights under these Terms.

16. Variation

16.1. Terms changes must be agreed in writing unless clause 16.2 applies.

16.2. We may update Terms from time to time, and your continued use constitutes acceptance.

16.3. These Terms were last updated on 23 April 2025.

17. Assignment and subcontracting

17.1. You cannot transfer your rights without our consent.

17.2. We may transfer our rights and obligations without your consent.

18. Severance

Invalidity of any provision does not affect the rest.

19. No waiver

No waiver of rights if we do not act immediately.

20. Misrepresentation

You acknowledge no reliance on statements outside these Terms.

21. Governing law and jurisdiction

21.1. Bermuda law governs these Terms.

21.2. Disputes are subject to the exclusive jurisdiction of Bermuda courts.