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Marinsight
United Kingdom
19 Feb 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 Marinsight
Company Information
Get to know Marinsight
Marinsight are leveraging operational performance data to increase the underwriting capacity of marine insurers with a specific focus on Hull and Machinery. We are not only developing a solution that improves the way that day to day business is conducted but revolutionising it at the same time. Marine insurance is one of the oldest lines of insurance yet it is one that has been the slowest to react to the benefits that a digital solution can offer - Marinsight are changing that one ship at a time!
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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