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Koop Technologies
United States
2020 (5 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 Koop Technologies
Company Information
Get to know Koop Technologies
We're hiring! Please contact us if you're interested in exploring exciting positions across software engineering, product development, insurance, and sales at Koop. Koop is an insurance technology company specializing in autonomous vehicle, robotics, and machine-centric risks. We built a modular, API-powered insurance platform that enables data collection, underwriting, and claims handling of AV risks in a cost-efficient, scalable manner. As autonomy commercializes and on-road robots become ubiquitous, we are on the mission to help the commercialization of autonomy by building insurance and financial products on top of the stack. We serve a variety of autonomous transportation modes such as robotaxis, autonomous trucks, shuttles, deliveries, industrial robotics, agricultural machinery, mining, vessels, and drones. Our technical approach to autonomy insurance would not be possible without our talented engineering, modeling, and business development people that push forward autonomous vehicle data applications in insurance. Please consider joining our growing team to help facilitate our autonomous future!
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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