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Broker Buddha
United States
16 May 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 Broker Buddha
Company Information
Get to know Broker Buddha
Broker Buddha is a technology platform that makes it easy for commercial brokers to sell insurance. Founded in 2017, Broker Buddha's modern, intuitive and high-efficiency workflow enables brokers to reduce time spent on applications and renewals by 80% — opening up time to grow their business and nurture relationships. ith cutting-edge features and integrations, Broker Buddha's full-service offering populates insurance applications with prior-year data, so customers can update their information and sign applications with ease. Based in New York City, Broker Buddha serves brokers and their clients across the United States.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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