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Meteo Protect

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France

Founded in

01 Nov 2011 (13 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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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.

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    Company Information

    Get to know Meteo Protect

    Meteo Protect's technology platform, brand names and IP have been acquired by Cooper Gay SAS, a major European insurance underwriting agency, and key Meteo Protect staff have joined Cooper Gay to operate its Parametric Solutions division. Meteo Protect was an insurance underwriting and technology company specializing in Parametric Insurance. Authorized coverholder at Lloyd's, we underwrite insurance and reinsuranceon weather risk, priced in real-time by Vivaldi, our underwriting and policy lifecycle management platform running on SAP's HANA. Distribution is fully indirect, either through brokers or through specialized insurers in our white-label program. Their software is certified by SAP. They have served clients in 9 countries to date. In 2019, Meteo Protect launched the first Open Insurance API platform for parametric insurance:

    Industry

    • Financial InsurancePRIMARY
    • Financial Other Service
    • Financial Wealth Management

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