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United States
2020 (6 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 CoverForce
Company Information
Get to know CoverForce
CoverForce is an insurance technology (Insurtech) company focused on empowering independent insurance agents. The company has built a proprietary, API-driven platform that streamlines the process of quoting, binding, and servicing commercial insurance policies. By connecting agents to a wide array of insurance carriers through a single interface, CoverForce aims to eliminate manual processes, increase efficiency, and provide faster, more accurate results. As a licensed Managing General Agent (MGA), they combine technology with insurance expertise to help agents grow their commercial lines business.
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