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InsurLab Germany
Germany
2017 (8 Years)
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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 InsurLab Germany
Company Information
Get to know InsurLab Germany
InsurLab Germany is the networking platform connecting institutions, universities, consultancy companies, insurance companies, and corporates with startups, developing digital products and services for the ecosystem. We are a think tank for innovation and digitization of the German insurance industry. Our aim is to provide insurance companies and corporates easy and direct access to national and international startups, and to actively support them in planning and implementing cooperation projects to transform and digitize the German insurance industry in the long term. Through events, workshops, an accelerator program, a co-working space, and match-making, InsurLab Germany connects established insurers with innovative founders and offers a space to create, grow, and develop. Founded in 2017 by the City of Cologne, the Cologne Chamber of Industry and Commerce (IHK), the University of Cologne, the Cologne Technical University and established insurance companies and startups, we have grown to become Germany’s largest insurance industry initiative within a year.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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