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Blocksure
United Kingdom
16 Jun 2016 (9 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 Blocksure
Company Information
Get to know Blocksure
Blocksure has developed a revolutionary digital insurance platform. It is designed for innovators, experts and change makers in transactional insurance markets that are typified by competition and regulations. It uses the benefits of Distributed Ledger Technology, Smart Contract and APIs to enable the creation of never-before-possible insurance products and improve the profitability of existing products. All delivered at a fraction of the cost previously experience by agencies, MGAs and insurer. It is focussed on 4 key product segments that are typified by lower premiums, high volumes where it has been difficult to deliver products profitably: - Microinsurance - Embedded Insurance - Gig Economy - Lower premium schemes It allows your business to focus on the important customer relationship activities.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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