Company Information

Get to know Spooner Incorporated

Founded in 1959, Spooner Inc. is a third-party administrator (TPA) that specializes in providing comprehensive cost-control services to Ohio employers. The company's core mission is to help clients reduce their premiums and create safer work environments. Its main services include the administration and management of workers’ compensation claims, unemployment compensation, and providing safety and loss prevention consulting. Spooner Inc. serves a wide range of industries by offering tailored programs and expert guidance to navigate complex state regulations.

Industry

Financial InsurancePRIMARY
Financial Legal Service
Financial Other Service

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Spooner Incorporated

United States

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Security Information

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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.

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.