Company Information

Get to know WorldCover

Founded in 2015, WorldCover is an insurtech company with a mission to build a more secure future for smallholder farmers vulnerable to climate change. The company leverages satellite imagery, machine learning, and remote sensing technology to develop and distribute affordable parametric crop insurance. This model allows for rapid and transparent claim payouts based on verifiable data, such as rainfall deficits, without the need for traditional on-site assessments, thereby helping farmers in Africa and Asia build financial resilience.

Industry

Financial InsurancePRIMARY
Financial Other Service

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WorldCover

United States

Founded in

01 Mei 2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

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Regulated

Recommended

(78 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.