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Altelium
United Kingdom
23 Nov 2018 (6 Years)
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What are the differences in regulations for each
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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.
Company Information
Get to know Altelium
Company Information
Get to know Altelium
Insurance for batteries driven by real-time, AI-powered data analytics Altelium is an insurtech helping the world transition from fossil fuels to green energy. We provide warranties, insurance and data analytics to Battery Energy Storage System (BESS), Battery Cell and Electric Vehicle OEMs, Battery Integrators, BESS operators and fleet owners. Batteries are used in many new applications and the underlying technology continues to evolve. Altelium provides insights and helps clients overcome barriers, with our AI powered data analytics, warranties and insurance. Our customers also receive valuable information on battery condition, elevated fire risk and insights for current batteries and the development of future batteries. Our technology helps reduce the cost of ownership, provides greater owner and operator confidence and solutions throughout the lifetime of a BESS or EV.
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- Financial InsurancePRIMARY
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