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Symbo
India
2017 (8 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 Symbo
Company Information
Get to know Symbo
Symbo is on a mission to become the world's largest embedded insurance distribution platform. We work closely with retail, ecommerce and digital companies who wish to bundle insurance along with the core products they sell, right at the point of purchase. We work extremely closely with our partners to make the buying process simple and also co-create coverage products that add value to their business. Our proprietary Cover Gateway integrates with world's leading insurers to issue policies and manage claims in a digital and seamless manner. We are a passionate team of over 100, committed to make insurance relevant and intuitive for the masses.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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