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United Kingdom
2017 (9 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 FloodFlash
Company Information
Get to know FloodFlash
Founded by Adam Rimmer and Ian Bartholomew, FloodFlash was created to address the significant issue of underinsurance for flood risk. The company offers a unique type of parametric insurance where a policy pays out a pre-agreed, fixed sum automatically when a custom-built sensor, installed at the insured property, detects that floodwaters have reached a pre-selected trigger depth. This model is designed to provide fast, no-loss-adjustment payouts, often within 48 hours of a flood, enabling clients to recover more quickly from catastrophic events.
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