Company Information

Get to know VAPS Insurance Underwriters

Founded in 2011, VAPS Insurance Underwriters (Pty) Ltd is an authorised Financial Services Provider (FSP No. 43831) based in South Africa. The company operates as a specialist Underwriting Management Agency (UMA) on behalf of certain underwriters at Lloyd's of London and other local insurers. Their core business involves designing, distributing, and managing a diverse portfolio of niche insurance products, known as Value Added Products & Services (VAPS). These products are offered exclusively through a network of independent brokers, focusing on providing innovative and tailored insurance solutions to meet specific market needs.

Industry

Financial InsurancePRIMARY
Financial Other Service

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VAPS Insurance Underwriters

South Africa

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

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.