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Australia
2004 (22 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 IQumulate Premium Funding
Company Information
Get to know IQumulate Premium Funding
IQumulate Premium Funding is a specialist financial services company that offers funding solutions for insurance premiums. The company allows clients to spread the cost of their insurance policies over regular installments instead of paying a large lump sum upfront, thereby improving cash flow management. Formed from the merger of Lumley Finance and Monument Premium Funding in 2012, IQumulate is owned by Steadfast Group Limited, the largest general insurance broker network in Australasia. They primarily work through a network of insurance brokers to provide their funding products to a wide range of commercial and domestic clients across Australia.
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