# Coverage Solutions Aggregator

The Armor network coverage is underwritten by Nexus Mutual. We will add support for other coverage products in the future as the market matures.&#x20;

### Fully collateralized Coverage

Nexus Mutual has a stringent risk policy with a proven track record and deep capital pool availability to ensure that user funds are always fully collateralized, and the full amount of claims can be paid.

### Chain-verified claims process

When a claim is submitted to Armor, it will trigger a review process where withdrawals are limited and governance will investigate and determine whether or not a claimable hack took place.&#x20;

If a hack has occurred and user funds are affected, then governance may proceed to submit the claim to Nexus Mutual’s claims process.&#x20;

Armor token holders will also participate in Nexus Mutual’s process for claim approvals and payouts as a proxy mechanism for the NXM delegated to the ArNXM vault.&#x20;

When a payout is confirmed, they will be received to Armor’s payout treasury then distributed to an airdrop faucet for affected recipients to claim their payout from.&#x20;
