Company Information

Get to know Minova Insurance

Formed in 2017 through a management buyout from the JLT Group, Minova Insurance is a platform for Managing General Agents (MGAs) and specialist underwriters. The company's model focuses on providing its partners with essential capital, operational infrastructure, regulatory support, and various other business services to foster growth and success in niche insurance markets. In 2021, Minova was acquired by the US-based investment firm Re-Align Capital Strategies, further strengthening its capital base to support its expansion and the growth of its underwriting partners.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Minova Insurance

United Kingdom

Founded in

1980 (46 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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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.