Company Information

Get to know Otonomi

Otonomi is a B2B InsurTech company focused on transforming the cargo insurance sector. Founded to address the traditionally slow, manual, and opaque claims process, the company leverages blockchain technology, smart contracts, and proprietary data triggers to offer parametric insurance policies. These policies automatically pay out claims based on predefined events, such as shipment delays, eliminating the need for lengthy manual adjustments. Otonomi's mission is to provide fast, cost-effective, and transparent insurance products, starting with air cargo delays and expanding to other logistics verticals.

Industry

Financial InsurancePRIMARY
Crypto Cryptocurrency
Financial Other Service

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Otonomi

United States

Founded in

Aug 2020 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

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ASIC

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.