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South Africa
2010 (16 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 Old Mutual iWYZE
Company Information
Get to know Old Mutual iWYZE
Old Mutual iWYZE is the direct-to-consumer insurance brand of Old Mutual Insure, which is part of the broader Old Mutual Limited financial services group. Launched in 2010, iWYZE was established to provide South Africans with affordable, easy-to-understand short-term (car and home) and long-term (life) insurance products. Its business model focuses on leveraging technology to allow customers to get quotes and manage their policies online or via call centres, aiming for a streamlined and "wise" insurance experience.
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