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Bismart Insurance
Kenya
2017 (8 Years)
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Security Information
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.
Company Information
Get to know Bismart Insurance
Company Information
Get to know Bismart Insurance
Bismart is a leading Kenyan insurance aggregator, leveraging on digital platforms and technologies to connect their customers to the best insurance and investments solutions available in the market. It is regulated by Insurance regulatory authority. They provide their clients with education and the ability to compare and buy premier insurance and investment solutions at the convenience of their palms. Insurance is a complex product but they believe that their customers deserve the best and should get the best without hustles. Given the right and correct information, they can chose and buy the investments and the insurance solutions that they desire and meet their needs. They believe that people are more productive when they are in charge of their money. Unfortunately money management is not taught in school. They provide their customers with online personal financial planning advisory which include but not limited to budgeting, goal setting and estate planning.
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- Financial InsurancePRIMARY
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