Company Information

Get to know Torosure Life

Torosure Life Ltd is a South African financial services company established to simplify the insurance process using modern technology. The company aims to make life, disability, and funeral insurance more accessible, affordable, and understandable for the broader South African market. Backed by prominent investors like African Rainbow Capital and underwritten by a major reinsurer, Torosure focuses on a digital-first approach to policy sales, management, and customer service. It is an authorized Financial Services Provider (FSP 49313) regulated by South Africa's Financial Sector Conduct Authority (FSCA).

Industry

Financial InsurancePRIMARY
Financial Other Service

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Torosure Life

South Africa

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

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.