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XILO
United States
01 Jan 2019 (6 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 XILO
Company Information
Get to know XILO
Agencies are experiencing problems attracting modern customers because leads are no longer coming in from just phone calls and walk-ins, they're coming in through multiple digital channels; Customers are expecting significantly faster, almost instant responses and quotes from agents; Agents now have multiple systems and PDFs they have to enter data into which delays their time to quote; And agents are still tracking everything manually in their sales processes (the sticky note approach). XILO helps them solve these problems overnight so they can attract, quote, and sell modern customers. With our insurtech platform, agents can stand up beautiful quoting experiences across multiple online and offline channels to capture leads from partners, agents internally, and digital channels increasing conversions at the top of the funnel. We automate the process of quoting and communicating with those customers on custom workflows built out by the agents so they can respond to customers immediately increasing conversion rates on throughout their sales pipelines. Our system integrates directly into their AMS's, CRMs, and even their Raters to streamline the data entry process. And we even have a CRM they can use to manage their pipeline so they can automatically track everything coming through the system. Agencies who use XILO can see up to a 10X increase in conversion on leads and a 75% reduction in the time to quote which has created more sales for agencies.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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