Assumes risk through issuance of Policies with credit quality similar to government obligations, rather than that of a pool of other policyholders mutualising risk.
100% of risk exposure of each Policy is fully backed by eligible government obligations to assure safety, security and assurance of timely payment.
Patented technologies are used to transform risk into capital markets instruments, digital assets and to retain risk through long-term risk mitigation Policies ("FlexGIA™").
The IGF System™ protects the long-term nature of each IAC™ Insurer through its own legislation, Investors Guaranty Fund, Ltd. (Policyholder Resserves) Act, 1991 ("IGF Act").
Under the IGF Act, the extraordinary capital and surplus required to meet the 100% threshold was designed to be supported through Transactional Capital, Policy Collateral and Underwriting Members. Recently, Bermuda enabled recognition of associations of underwriting members and thus opens this original IGF Act provision as an additional source of underwriting surplus.
In mid 1990s, Alasdair G. "Sandy" Barclay, Douglas L. King and Rockie C. Wellman invented and subsequently patented "insurance securitization", a means of transforming risk assumed under traditional insurance policies into capital market securities. This technology passes risk from policyholder to insurer. They subsequently created a means for applying these risks to digital assets.
Subsequently, Douglas L. King invented and patented a new form of floating rate debt obligation which added another source of surplus as a means of supporting risk activities within IAC™ Insurers. This technology enables an IAC™ Insurer to retain risk for long periods using volatility to mitigate risk internally.
These technologies are overlaid on the IGF Act framework and form The IGF System™.
In the past few years, Mr. King and co-collaborators have been developing new sources of instruments and structures designed to increase surplus capacity, which may be applied within IAC™ Marketplace and in other applications, under patents or confidential license.
Convergence of Insurance, Capital Markets
and now, Digital Assets
Originally developed to support the convergence of insurance and capital markets, The IGF System™ naturally extends to today’s emerging digital asset ecosystems through the same underlying institutional architecture.
Parties wishing to create an IAC™ Risk | Funding Platform benefit from participation in IAC™ Marketplace, have access to IAC™ Marketplace participants and may engage their expertise by developing and facilitating an array of risk solutions and products.
Each IAC™ Insurer is subject to the Investors Guaranty Fund, Ltd. (Policyholder Reserves) Act, 1991. Assets sufficient to pay a 100% loss on all policies issued are held by government-approved custodians, invested in "eligible government obligations". Transfers of assets supporting Policy obligations are confirmed by leading accounting firms and applicable rating agencies.
Each IAC Cube™ is a "Digital Infrastructure Utility" (a "DIU"). It is comprised of various components operating under The IGF System™ Protocol for risk | funding operations and its technology suite is Alliance iii.o Protocol compliant.
Each IAC Cube™ engages a regulated Bermuda Insurance Manager to act as Principal Representative and facilitate traditional "corporate services" and local services provider integration.
IAC Cube Sponsors™ and affiliated parties benefit from IAC Cube™ operations and their IAC Marketplace activities.
Each IAC Cube™ operates from Bermuda, accessible by global Market Participants, using DAO DAGChain™ and DARPAs™ transactional network
An IAC Cube™ is comprised of units of three IAC™ Insurers (life assurance, traditional indemnity insurance and financial guaranty), collectively referred to as an IAC Cube™. Each IAC Cube™ operates on bespoke IT Infrastructure under the Alliance iii.o Protocol.
Each IAC Insurer is governed by five directors.
In addition, each trio of insurers operate through a Digital Twin integrated with an administrative node facilitating gateway operations with IAC™ Participants and applicable services, including issuance of IAC™s and other forms of digital assets.
Accredited IAC™ Marketplace Participants may obtain certification from an IAC Cube™ to interact with products, services and capital related activities transacted across IAC™ Insurers comprising such IAC Cube™.
Investors Guaranty Fund, Ltd. and subsidiaries provide core IAC Marketplace operational and technology support for each IAC Cube™.
PUBLIC ACCESS
For 40+ years IGF and affiliated insurers have provided private risk | funding solutions. Capital holders are private parties including several non-profit foundations.
As IAC™ Insurers transition to a marketplace approach, various forms of public participation are being developed.
POLICY HOLDERS
[Re] Insurance Policies, Financial Guaranty, Guaranteed Investment Agreements and FlexGIA™ are held through custodial depositories with regulated fiscal agents, who facilitate initial issuance and applicable payments.
Applications may only be submitted through regulated participants.
CAPITAL PROVIDERS
Policy Collateral, Risk-Linked Obligations, Certificates of Residual Interest are held through custodial depositories with regulated fiscal agents, who facilitate initial issuance and applicable payments.
IAC™ private currency may be available in the future directly through digital wallets.
MARKET PARTICIPANTS
Primary risk and funding operations are designed to include regulated insurance and capital markets professionals.
Syndicate participation and digital assets | currency activities are evolving through IGX™ connected third-party infrastructure utilities involving regulated trustees and custodians as required by IGF Act.
We invite you to learn more about the IAC Marketplace, the opportunity to sponsor an IAC Cube™ with Risk | Portfolio, and benefit from participations described in IAC™ Participants .... by accessing the links above, watch the video and download the brochures.
Welcome to IAC™ Marketplace
Since 1985, IGF has provided innovation in risk transfer, financial guaranty and bespoke funding solutions for intractable economic circumstances. IAC™ Insurers are designed to provide digital implementation of IGF's patented and statutory technologies developed over the past four decades and recognised by leading rating agencies.
IAC™ Marketplace is comprised of a series of legal entities with insurance powers under special legislation, paired with advanced computing and interactive technologies, implemented in each instance as a "Digital Twin". Each IAC Cube™ is designed to interface with applicable Market Participants to effect transfer, transformation, mitigation, funding and operational functions. Its governance operates under The IGF System™ PROTOCOL which includes the IGF Act and applicable statutory and regulatory requirements, as well as modular contracting and procedures.
Each IAC Cube™ is designed to operate from secure data centres and across global "edge" networks, enabling a wide range of functionality. Accredited Sponsors may wish to form an IAC Cube™ as "risk Infrastructure as a Service". Each IAC™ Insurer within a specific Risk Platform (IAC Cube™) forms a part of the IGF Act Companies (IAC).
The IAC™ Marketplace is a next-generation platform redefining risk transfer and retention through advanced insurance, capital market, and digital asset technologies. Rooted in the foundational IGF System™ and governed under Bermuda’s robust Investors Guaranty Fund, Ltd. (Policyholder Reserves) Act, 1991, the IAC™ Marketplace introduces a modular, scalable framework for creating IAC Cube™ Insurers – specialized entities operating as trios of assurance, insurance, and financial guaranty insurers.
Designed for unparalleled security, these insurers operate within a bankruptcy-proof structure, ensuring all liabilities are backed 100% by eligible government obligations held with certified custodians. Leveraging patented insurance securitization technologies and digital infrastructure, the IAC™ Marketplace transforms traditional insurance risks into tradable capital market instruments, digital assets, and bespoke financial solutions.
The core of this innovation lies in IAC ISO, the ultimate parent entity of the IAC Cube™ structure, which integrates advanced digital twin technologies and regulatory compliance frameworks. Sponsored by vetted International Sponsor Organizations (ISOs) and supported by IAC Society™, IAC Cubes™ offer sponsors the opportunity to participate in surplus creation, residual interest distributions, and risk technologies, all without requiring an equity stake in the insurers themselves.
The IAC™ Marketplace is a “DeRisk” platform, enabling sponsors, institutional investors, and participants to benefit from cutting-edge financial engineering, robust regulatory protections, and an expanding global ecosystem. This innovative model bridges traditional risk management with digital asset opportunities, delivering unmatched stability, value appreciation, and operational transparency for insurers, sponsors, and stakeholders.
IAC™ Marketplace is designed to integrate each IAC Cube™ into The IGF System™ assisted by advanced Alliance iii.o compute, risk, finance, exchange, analytics and compliance technologies as a "global risk marketplace."
The IAC™ Ecosystem forms one of several interoperable institutional ecosystems within the broader AD&C architecture, each designed to provide specialized capabilities while operating through common governance and interoperability standards.
This document provides a summary of FlexGIA™, one of four standard contract forms used by IAC™ Insurers.
The FlexGIA™ Policy Form may only be issued by IAC™ Insurers which
are Investors Guaranty Assurance Type life|assurance companies, licensed for a specific FlexGIA™ contract Form.
This Policy Form is Version 5.0 for USDollar applications. It is
specifically designed only for use in USD transactions. The contract may be issued as a medium-term debt obligation.
Not an offer of securities. For information purposes only. For
specific contract terms, reference should be made to applicable
Information Memorandum, Supplement, and actual contract documents.
This
document provides an informational summary of FlexGIA™ Contract Form
Version 5.0, currency specified as United States Dollars.
IGF Act
Company technologies have been subject to patents in the United
States, Bermuda, New Zealand, Australia, United Kingdom and European
Union. No license is granted hereby for public distribution.
©2009-2026 IAC™ Insurers All Rights Reserved. IAC01212023FlexGIA™ Contract Highlights – 5.0 USD
