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SHADE.ai
Canada
2018 (7 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 SHADE.ai
Company Information
Get to know SHADE.ai
SHADE.ai uses artificial intelligence (AI) technology to transform how life insurers inform, advise, and build lasting relationships with today’s digital-first consumers. It's a conversational guide to navigate insurance customers through all of their programs, benefits, and policies to help them reach the ones they will actually use and care about. SHADE.ai is a "concierge" service that improves engagement and increases operational efficiency. It can help customers reach the insurance application, navigate available policies and benefits, keep track of claim submissions, and find answers to important questions that affect their insurance, such as the effect of marriage, more kids, changing job, and moving house. Customers can access the right forms instantly. Our platform helps insurers provide better service to customers. SHADE.ai guides consumers through the insurance customer journey, streamlines initial information gathering and document review, and allows customers to serve themselves during the underwriting, servicing, and claims processes. Our AI agents take over agents' mundane and repetitive tasks so that they can focus on more complex work that requires human interaction. Insurance customers can get insurance information 24/7, anywhere they are.
Industry
- Financial InsurancePRIMARY
- Technology Software Development
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