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Insurmatics
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01 Apr 2021 (4 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 Insurmatics
Company Information
Get to know Insurmatics
Insurmatics introduces a best-in-class, smart home solution to insurance companies that saves time and money to improve risk management and precarious relationships between insurers and insureds. Exploiting of IoT and AI leads to mitigate risks of loss, theft, or damage and increase market penetration because of the provided unfair competitive advantages. Our platform is designed as a low code programming architecture that sets up a far convenient journey to build out an idea from zero and easy integrations with other services for innovative insurance firms. Moreover, it reduces or removes the burden of IT development cycles for them. Interestingly, our software can be deployed either on-premise or in the cloud according to the strategy of the clients. Insurmatics does not just give you free tech for tech’s sake. It gives you an on-demand white label product for connecting, protecting, and covering homes 24/7.
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- Financial InsurancePRIMARY
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