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.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance

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CoverForce

United States

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.