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Wesurance

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United Kingdom

Founded in

2017 (8 Years)

Founded

Last online: No recent activity


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1.67

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Security Information

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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.

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    Company Information

    Get to know Wesurance

    Wesurance is an insurtech company that builds and implements digital insurance solutions for all insurance businesses. Our cloud-based, AI-based software allows you to access a wider reach of customers, grow your online business, and explore more lucrative business models. The best part is that insurers do not need to code or perform complex integration to use the platform. The platform’s open architecture and pre-made APIs ensure compatibility with external systems as well as smooth data migration. The flexible design allows insurers to create highly customised solutions and product offers, minimising time-to-market, which is crucial for gaining a competitive edge and ensuring the continuity of the business.

    Industry

    • Financial InsurancePRIMARY
    • Financial Other Service
    • Technology Software Development

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