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CREA
Italy
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 CREA
Company Information
Get to know CREA
CREA is a fully Digital Managing General Agent, offering digitized insurance policies on a proprietary platform to intermediaries. The cloud-based software tool drastically simplifies and accelerates the insurance brokerage and underwriting process, eliminating various manual interactions and improving and accelerating the underwriting experience. The efficacy of CREA's services enables Carriers to access segments of the market that were previously not addressable and is enabling Micro Insurance. CREA's White label solutions and API platform are widely used by individual agents and brokers as well as captive agent networks and support new Insurance distribution channels such as for instance Bankassurance.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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