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1Fort

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United States

Founded in

2018 (7 Years)

Founded

Last online: No recent activity


2 Reviews

Good

3.60/5

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Verification on TrustFinance

5.00

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Traffic & Engagement

1.67

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know 1Fort

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

    Industry

    • Crypto CryptocurrencyPRIMARY

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    News

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    TrustFinance Intelligence Agency

    Research date: Jun 19, 2024

    1Fort, a leading insurtech company, has launched an AI-powered commercial insurance marketplace for brokers. The platform allows brokers to instantly quote from specialty markets, analyze, compare, and recommend coverage with AI. Brokers partnering with 1Fort have saved up to 8 hours a week and increased revenue by 20%. The technology has supported hundreds of leading insurance brokers and provides market access to major insurers across all specialty lines.

    1Fort, a leading insurtech company, has launched an AI-powered commercial insurance marketplace for brokers. The platform allows brokers to instantly quote from specialty markets, analyze, compare, and recommend coverage with AI. Brokers partnering with 1Fort have saved up to 8 hours a week and increased revenue by 20%. The technology has supported hundreds of leading insurance brokers and provides market access to major insurers across all specialty lines.

    Leading insurance brokerage Heffernan Insurance Brokers is partnering with 1Fort to automate the cyber insurance readiness process for its clients and strengthen their cyber resiliency. 1Fort's cyber insurance automation solution will help clients comply with security controls required by cyber insurers, fortify their security posture, and obtain better rates and coverage terms. The partnership aims to simplify the process for clients, streamline application and underwriting processes, and enhance cyber risk advisory capabilities. Heffernan Insurance Brokers, founded in 1988, is one of the largest independent insurance brokerage firms in the United States, providing insurance and financial services products to businesses and individuals.

    Leading insurance brokerage Heffernan Insurance Brokers is partnering with 1Fort to automate the cyber insurance readiness process for its clients and strengthen their cyber resiliency. 1Fort's cyber insurance automation solution will help clients comply with security controls required by cyber insurers, fortify their security posture, and obtain better rates and coverage terms. The partnership aims to simplify the process for clients, streamline application and underwriting processes, and enhance cyber risk advisory capabilities. Heffernan Insurance Brokers, founded in 1988, is one of the largest independent insurance brokerage firms in the United States, providing insurance and financial services products to businesses and individuals.

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