Company Information

Get to know Instec

Founded in 1982, Instec is a technology company that delivers a comprehensive policy administration platform for property and casualty insurers, managing general agents (MGAs), and program administrators. Their core product, the Instec Policy platform, is a cloud-native solution designed to help insurance organizations build, launch, and service complex commercial insurance programs quickly and efficiently. The company's mission is to offer the best-of-breed policy system with deep functionality, exceptional configurability, and an "excellent-to-work-with" culture. In 2021, Instec was acquired by Vertafore, a leading provider of insurance technology.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance

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Instec

United States

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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This company is currently Unproved.

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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.