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United States
2022 (4 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 WeatherPromise
Company Information
Get to know WeatherPromise
WeatherPromise Inc. is an insurance technology company that offers customized, parametric weather insurance policies. By leveraging advanced weather modeling and data, the company allows clients, such as event organizers and seasonal businesses, to select a specific location, time period, and weather condition (e.g., rainfall, high winds, extreme temperatures) that would negatively impact them. If the specified weather event occurs as measured by third-party data, the policy triggers an automatic, rapid payout without the need for a traditional, lengthy claims process. The company's mission is to provide a simple and transparent way for businesses to manage financial risks associated with adverse weather.
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