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Gryphon Group Holdings
United Kingdom
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 Gryphon Group Holdings
Company Information
Get to know Gryphon Group Holdings
Gryphon Group Holdings Limited is an entrepreneurial insurance start-up poised to launch an exciting new protection challenger. Backed by £180m of investment capital, our ambition is to protect more families in the UK. The business is based on the founding principles of creating greater trust and improving the adviser experience. We plan to maximise the potential of insurtech, taking a fresh approach designed around customer and adviser needs. With no legacy systems, our focus is on building an intuitive proposition and an effortless adviser experience. Our infrastructure will be based on digital and cloud-based technologies, built with the support of leading partners. Our core platform technology partner is Liss Systems, a UK company owned by Nasdaq-listed technology group, EXL. Our digital interface technology partner is Space. Selling through intermediaries, we are focused initially on life, critical illness and income protection. The business is subject to regulatory approval.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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