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netinsurer
Austria
13 Dec 2014 (10 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 netinsurer
Company Information
Get to know netinsurer
netinsurer offers advisory software for all insurance distribution channels as well as digital distribution solutions for insurance companies. Driven by regulatory changes our software is a necessary tool to faciliate regulatory-compliant consulting while maintaining operational efficiency. Within 5 months we secured a meaningful share of the Austrian broker market and several leading banking groups and are in far developed negotiations with other banking groups as well as insurance agents. In addition we are entering the German market. We position our solutions as expert systems, partnering with established players and facilitating their digitalisation. Our traction on the distribution side resulted in inbound requests by leading insurances. Based on requests from our clients we plan to add further features to our solution allowing us to become a more comprehensive solution connecting and powering established partners of the insurance value chain
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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