Company Information

Get to know Foresight Commercial Insurance

Foresight is a Managing General Agent (MGA) that focuses on the workers' compensation insurance market for middle-market businesses in core industries such as construction, manufacturing, and agriculture. The company's core mission is to improve worker safety by leveraging its proprietary safety engagement technology, Safesite, which helps policyholders prevent accidents and reduce their insurance premiums. By rewarding safer businesses with lower premiums, Foresight aims to create a positive feedback loop of safety and savings. In May 2022, Foresight was acquired by QBE North America but continues to operate under its own brand as "Foresight, a QBE company."

Industry

Financial InsurancePRIMARY
Financial Wealth Management

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Foresight Commercial Insurance

United States

Founded in

16 Jan 2019 (7 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 :

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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.