Veto for title underwriters & insurersRisk

Make escrow risk observable.

Veto turns fuzzy social-engineering risk into structured control data — Review Records, source limitations, exceptions, and post-action matches you can actually price.

Control telemetry · standardized Veto Standard · VS-1…VS-10 Coverage reports · per office
CONTROL TELEMETRYOffice · Beach Pacific Escrow
Mature
Covered instructions w/ current record96%
Releases from stale records0.4%
Exceptions per 100 releases3.1
Post-action mismatches0
Veto Standard coverage
9 / 10
control families configured · VS-7 in progress
The underwriting view

The questions you can't price today.

01
Which offices are control-mature?

Observable, not anecdotal.

Coverage, stale-record rate, exception rate, and post-action match quality — per office, in a standard shape.

02
Where do losses come from?

The moment of action.

Veto records the exact state an office relied on before it released — the data that explains a loss after it happens.

03
Can I require it?

Veto Standard.

A practical control framework you can reference in requirements — VS-1 through VS-10 — without Veto pretending to be a regulator.

The flywheel

Controls make risk observable. Observable risk becomes underwritable.

Veto does not start as a broker, MGA, carrier, or guarantee. It starts as the system that produces underwriting-grade Review Records — and the telemetry beneath them.

01

Controls create Review Records.

02

Records create structured telemetry.

03

Telemetry makes risk observable.

04

Observable risk becomes underwritable.

% covered instructions with current records  ·  % releases from stale records  ·  % material changes after reliance  ·  % exceptions per 100 releases
Veto Standard // coverage · per office
VS-1Covered instructions require a current Review Record.On
VS-2Material changes stale prior records.On
VS-5Exceptions require a named approver and reason.On
VS-9Post-action matching when activity data exists.Partial
Underwriting-grade records

A control report you can put in front of a risk committee.

Per-office coverage against VS-1 through VS-10, with the underlying rates. It reports what's configured and what's true — never “certified safe” or “fraud cleared.”

Veto produces the records. The underwriting decision stays yours.

Why not the tools you already have

Control data has to come from the moment of action.

Storage and reconciliation describe what happened. Only a control at the point of release produces the structured signal you can actually price.

Before a covered money instruction
Veto
Verification
System of record
Reconciliation
Records what the office relied on before it acted
Partial
Blocks a release on a stale or unsupported record
Makes each source's limitation visible on the file
Partial
Requires a named approver for every exception
Stales the record automatically when the file changes
Produces a reconstructable audit packet
Partial
Partial

Veto sits on top of these tools — it doesn't replace them. It turns what they output into a controlled, recorded decision to act.

How Veto works

Model the state transition that matters.

Veto controls the moment an office converts mutable evidence into an accepted state — and then acts on it.

Input
Mutable evidence
Emails, PDFs, payoff demands, wire instructions, callbacks.
State
Accepted office state
Normalized into source rows, each with visible limitations.
Action
Covered instruction
The action policy says cannot proceed without review.
Control
Review Record, exception, or hold
A green path under 60 seconds, or an exception that cannot hide.
Outcome
Defensible by default
The file shows what the office relied on before it acted.
Boundary

Veto records the review. It does not act.

What Veto does
  • Defines covered instructions that cannot proceed without review
  • Normalizes evidence into source rows with visible limitations
  • Produces Review Records, exceptions, holds, and audit packets
  • Stales records when a material value changes after sign-off
  • Records who reviewed, who approved, and what was relied on
What Veto does not do
  • Move money, or replace the bank portal or system of record
  • Approve a release, or turn a check into permission
  • Authenticate payees beyond a source’s actual claim
  • Provide legal, title, or tax advice; interpret trust powers
  • Guarantee safety, clear fraud, or make funds safe to send

The office decides and acts under its escrow instructions and policies.

Why this matters

Fuzzy risk, hard numbers.

$3.04B
lost to business email compromise in 2025
22,000+
complaints referenced AI in 2025 (~$893M in losses)
86%
of BEC losses move by wire or ACH

Sources: FBI IC3 2025 Internet Crime Report · ALTA / industry reporting. Reported losses understate true exposure.

Straight answers

How Veto fits underwriting.

Is Veto a guarantee, MGA, or carrier?+
No. Veto is the system that produces underwriting-grade Review Records and control telemetry. It does not insure, guarantee, or move money. The office decides and acts; Veto records the review. Insurance is a long-term accelerant, not the starting product.
What data do you actually produce?+
Structured, per-office signals: coverage of covered instructions, releases from stale records, material changes after reliance, exceptions per 100 releases, manual-source usage, restricted-evidence access, and post-action amount/destination matches.
Can we require Veto Standard?+
Yes — VS-1 through VS-10 is written to be referenced in requirements and mapped to ALTA Best Practices and E&O questions. Veto reports coverage; it doesn't claim a file is safe or act as a regulator.
How does this reduce wire-fraud loss?+
Most loss comes from credible impersonation at the moment of action, not missing data. Veto controls that moment — no release on a stale or unsupported record — and records the state relied on, which both prevents and, after the fact, explains the loss.
Talk to the team

Price escrow risk on real control data.

We're working with a small group of underwriters and risk teams on Veto Standard coverage reporting. Let's compare it to what you underwrite today.

Prefer to look first? See a sample Review Record.