Forwardly Inc (FORW)

[trader guy]

And that's not even remotely close to answering my question. Who's underwriting the insurance? And who in their right mind would offer $1M in ID theft insurance for $10/month without an underwriter?

Let's say worst case scenario that they do provide ID theft insurance to 100,000 subscribers and say 50% of those subscribers are at high risk for ID theft. Let's say that those 50% are at risk of losing up to or exceeding $1M in assets due to lost wages or business, bank accounts and attorneys fees.

Ok, now let's say that a foreign group is able to penetrate multiple electronic data bases containing personal information of millions of US citizens and uses that information to drain their accounts with various financial institutions of hundreds of millions of dollars in just hours. Let's also say that 1% of those millions of US citizens are Guard Dog's highest risk subscribers. That comes to a lot of money and a huge claims liability.

Does that sound extreme? It also sounded pretty extreme that a group of Islamic terrorists could commandeer 4 fully loaded fully fueled airliners, crash 2 into the World Trade Center towers, 1 into the pentagon and attempt to fly another one into the White House.

Again, who is their insurance underwriter if they have one?