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OK Car Insurance
China
Jul 2014 (11 Years)
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Security Information
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 OK Car Insurance
Company Information
Get to know OK Car Insurance
OK Car Insurance is a third-party service provider that helps consumers buy auto insurance online and insurers improve risk profile and generate more profits. It roots deeply in car usage scenes, connecting services such as auto insurance, traffic violation, and fueling. It also creatively developed auto insurance services for car stickers, traffic jams, and others. Its user’s loyalty and interactions are far higher than the industry's average level. The domestic initiative mobile phone IoV (Internet of Vehicles) product OKDrive SDK from the company has obtained a patent. It allows users have access to user's driving behavior data without the help of intelligent hardware, which is a leading technique for domestic mobile network. The company was founded in 2014 and is headquartered in Shanghai, China.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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