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gateVAG · INSURANCE DOMAIN DETERMINATION

SOLVENCY STATE IS NOT TRANSFER AUTHORITY.NOT TRANSFER AUTHORITY.

gateVAG determines encoded insurance, licence, capital, reserve, solvency and transfer conditions within a defined scope. The result is a domain state — not supervisory authority, not regulatory approval and not an Execution Right.

DOMAIN_DETERMINATION_ONLY = true · EXECUTION_AUTHORITY = false · EXECUTION_PERMISSION = false
gateVAG insurance domain visual
SOURCE-BOUND · STATE-BOUND · CLAIM-BOUNDED
DOMAIN ROLE

Determine, not approve.

LICENCE

Licence & undertaking state

Encoded states for licence, undertaking and defined supervisory scope.

SOLVENCY

Capital & reserves

Defined capital, reserve, SCR/MCR and time conditions.

TRANSFER

Portfolio & transfer conditions

Determines prerequisites and missing dependencies; does not itself approve a portfolio transfer.

CAN
  • determine encoded VAG/Solvency II states
  • surface missing capital, reserve, licence or time conditions
  • provide evidence input for Execution Rights
CANNOT
  • create supervisory authority or approvals
  • replace BaFin, insurance supervisors or competent bodies
  • mint an ExecutionCapabilityToken on its own
AUTHORITY · RULE · JURISDICTION · TIME · DEPENDENCY
GATE PASS IS NOT EXECUTION PERMISSION.
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