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Qover
Belgium
31 Mar 2016 (9 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 Qover
Company Information
Get to know Qover
As an international pioneer in the insurance industry, Qover designs, builds and distributes innovative digital insurance solutions across Europe to help fast-growing companies. Its insurance solutions are available in real-time through APIs or white labelling that can be easily and quickly integrated into its partners’ digital platforms. Qover's solutions are diverse and suitable for every type of online business. Among the sectors in which the company is operating today are the gig economy, soft mobility, travel and PropTech. Thanks to the digitisation of the entire value chain, Qover is able to launch tailor-made and competitive products in less than a month. For this purpose, Qover teams up with top insurance companies in order to offer the best coverage on the market at the most attractive price for its partners. Qover is active in 32 countries and covers more than 1 million people across Europe. Its long-standing partners include renowned companies such as Revolut, Deliveroo, Wolt, Decathlon, Cowboy, Immoweb and many others.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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