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PetExpert
Czech Republic
2017 (8 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 PetExpert
Company Information
Get to know PetExpert
Founded in January 2018, PetExpert is the first truly online general insurance system for cats and dogs that meets the real needs of responsible pet owners. PetExpert provides an assurance to cat and dog owners that their four-legged friends will be provided with good, top quality care in the case of any unexpected situations and all without the risk of any unexpected financial costs. The goal of PetExpert insurance is to support good conditions for animals and the use of innovation in their diagnosis and treatment with the emphasis on clear and transparent terms and conditions for both the clients and veterinarians. PetExpert is the leader in online pet insurance market in the Czech Republic and from the autumn 2020 provides its pet insurance also in Slovakia and Belgium in Q2 2022. Thanks to its unique Microsoft award-winning online platform incorporating elements of machine learning and AI, the insurance can be settled immediately and paid directly to the veterinarian in less than 5 seconds in 90 % of cases. PetExpert strategically partners with leading international banks, insurance companies and global brands, and provides insurance to already tens of thousands of clients in the Czech Republic and Slovakia.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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