Company Information

Get to know CHERRISK

CHERRISK, a brand of the UNIQA Group, is an insurtech company that launched in Hungary in 2018 and later expanded to Germany. Its mission is to make insurance more accessible, understandable, and affordable through a fully digital platform. The company distinguishes itself with a community funding model where a portion of fees can be used to lower deductibles and a "Cherries" rewards system that incentivizes risk-reducing behavior. CHERRISK focuses on providing household, accident, travel, and gadget insurance directly to consumers online.

Industry

Financial InsurancePRIMARY
Financial Other Service
Financial Wealth Management

Contact

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CHERRISK

Hungary

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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(180 reviews)

Cyprus

2017

(9 years)

Security Information :

Company hasn't provided information.

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.