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Australia
1986 (40 Years)
Last online: No recent activity
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This company is currently Unproved.
Please be cautious of the potential risks!
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.
Get to know Cover-More Group
Company Information
Get to know Cover-More Group
Founded in Sydney, Australia in 1986, Cover-More Group is a global provider of travel insurance and medical assistance. The company offers a wide range of products for leisure and business travellers, including protection against trip cancellation, medical emergencies, and lost luggage. In 2017, Cover-More Group was acquired by Zurich Insurance Group, becoming Zurich’s global travel insurance and assistance specialist. It operates in 22 countries across five continents and manages operations through several brands, including Cover-More in Australia and New Zealand, Travelex Insurance Services in the USA, and Halo Insurance Services in the UK.
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