Company Information

Get to know Frankly Insure

Frankly Insure positions itself as a modern, technology-driven alternative to traditional insurance. The company focuses on simplifying the process of getting car insurance through a user-friendly online platform. Their mission is to provide fair, transparent, and easy-to-understand insurance products, removing complex jargon and hidden fees. Launched to challenge the conventional insurance model, Frankly Insure is underwritten by Old Mutual Insure Ltd, leveraging the backing of an established financial institution while maintaining an agile, customer-centric approach.

Industry

Financial InsurancePRIMARY
Crypto Cryptocurrency

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Frankly Insure

Denmark

Founded in

01 Aug 2021 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.