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SecurePlay: get licenced without breaking the bank.

  • Foto van schrijver: Neil Draper
    Neil Draper
  • 4 jan
  • 2 minuten om te lezen

Bijgewerkt op: 22 jan

SecurePlay provides gaming operators with an additional layer of security for regulators and aids operators in obtaining their online license with a bond issued by an approved Insurance company.

Bolster your German iGaming license while meeting the requirement of a €5 million guarantee, mandated by the German regulator.


SecurePlay combines EM Group's compliance expertise and Qrumble's insurance expertise to fulfill the requirements from the German regulator.


  • Optimizes gaming license requirements by fusing an insurance with a foundation, also for existing license holders.


  • Fund separation; the foundation keeps the player funds separate from the operators risk bearing capital.


  • Providing a source of guarantee which is not a bank.



SECURITY FOR PLAYERS

The foundation acts as an independent third party to which the players can turn to claim their funds.


SECURITY FOR THE INSURANCE PARTY

By having a licensed corporate service provider managing the foundation under the supervision of an independent supervisory board monitoring the Player Funds, the insurance party is comforted that the foundation will have sufficient funds in its accounts for safeguarding to entirety of the Licensee’s Player Funds, and if for any reason the Licensee is non-compliant, that they will be informed immediately of such non-compliance. The risk for the insurance companies is therefore severely reduced and with that also the related costs.


SECURITY FOR THE LICENSEE

Presently, the financial obligations tied to fulfilling guarantee stipulations pose significant challenges for operators. Through the implementation of the foundation, our intent is to offer operators a financially feasible avenue to attain licensing as online gambling providers.


SECURITY FOR THE GERMAN ONLINE GAMBLING MARKET

The highly regulated German market is known for its high standards when it comes to protection of players and society. By implementing a foundation to safeguard Player Funds, a significant stride for Germany in its progression toward cementing a responsible gambling jurisdiction is made.

 
 
 

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Qrumble Insurance S.L. is registered in Spain (company no. B-10641801), with its registered office at Avenida de la Industria 6, 28108 Alcobendas, Madrid Spain.

 

Authorised by the Direccion General de Seguros y Fondos de Pensiones (DGFSP), under licence J-4086.

959800HDK3GWEPH3PF12 

In the Netherlands, Qrumble Insurance S.L. is an authorised financial service provider by Dutch Authority for the Financial Markets (AFM), under license 12049096

Qrumble Risk Services LTD is an Appointed Representative of ES Risks Limited who are regulated by the Financial Conduct Authority (FRN 565023)

Qrumble Insurance S.L.
Avenida de la Industria 6,
28108 Alcobendas, Madrid, Spain

info@qrumble.eu

Qrumble Risk Services LTD
America House, 2 America Square,
London, EC3N 2LU

info@qrumble.eu

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by New Found Territory

het lukt me trouwens niet om die coin te bestellen

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