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India
2015 (11 Years)
Last online: No recent activity
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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.
Get to know RenewBuy
Company Information
Get to know RenewBuy
Founded in 2015, RenewBuy is a digital insurance marketplace aiming to simplify insurance and enhance its accessibility across India. The company operates on a B2B2C model, leveraging a large network of Point-of-Sale Person (POSP) advisors. It provides these advisors with a proprietary technology platform to offer a range of motor, health, and life insurance products from various leading insurers. This model focuses on bridging the insurance gap, particularly in tier-2 and tier-3 cities, by combining digital convenience with personalized agent-led assistance.
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