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UK General Insurance
United Kingdom
2010 (15 Years)
Last online: No recent activity
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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 UK General Insurance
Company Information
Get to know UK General Insurance
UK General Insurance provides personal lines insurance products and services for brokers. It offers property insurance services for buildings and contents, caravans, home emergency, let property, property excess protection, and tenant/student contents; insurance for leisure and lifestyle sectors, such as computers, cycles, events, gadgets, handbags, keys, mobile phones, and weddings, as well as lifestyle excess protection and pet cash plans; financial loss insurance; warranty insurance for brown and white goods, furniture and carpets, motors, and multi-appliances; and income protection insurance services, such as loan and mortgage payment protection, and rent guarantee. UK General Insurance also provides travel insurance, including annual multi-trip, long stay, and single trip; motor financial insurance services for breakdown and recovery, GAP, helmets and leathers, in-vehicle gadget, mis-fueling, MOT, motor excess protection, scratch and dent, tools in transit, and tires and alloy wheels; and personal accident insurance services. It began operation in 2002, with its headquarters in Leeds in the United Kingdom as a subsidiary of Primary Group as of April 17, 2014.
Industry
- Financial InsurancePRIMARY
- Financial Wealth Management
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