Great news for EasyEquities clients investing in the US stock market

Over the years we have worked with many different financial services companies. One of these, is InvestSure and due to our insurance background we assisted the team to roll out their product to give investors peace of mind.

InvestSure is an EasyEquities partner that provides insurance to investors against significant drops in share prices arising out of the deceptive or misleading acts of management.

Our Carel Nolte has been involved with the InvestSure team since the early days and helped them develop the business case.

InvestSure created a world first insurance product that protects investors from losses in the share price which are caused by allegations of management misleading or deceiving the public. Such events include accounting fraud, bribery, collusion etc…

Having added value to investors in the South African market, InvestSure is following investors into the US.

Here’s the full story and update:

Great news for EasyEquities clients investing in the US stock market, you can now insure your US shares!

InvestSure is proud to make investment fraud insurance available on the most popular US shares, following our successful launch to JSE investors. Thousands of EasyEquities investors have made use of InvestSure’s safety net protecting their wealth from the type of sudden, severe and unexpected losses that can be caused by credible allegation of wrongdoing by management.

We’ve been tracking the US market for a while now and have recently seen huge fraud allegation related losses on a number of listed stocks including Nikola, Kodak and Luckin Coffee.

They say money never sleeps, but the time difference between Joburg and the New York can mean that important news breaks in the US while South Africans are enjoying their downtime or sleeping. Investing from South Africa into the US one is quite far removed making staying as close to the news more challenging. With InvestSure you can #SleepEasy knowing you are covered against the unpredictable risk of investment losses caused by allegations for fraud!

What is InvestSure?

InvestSure is an insurance product that investors can purchase which protects them from any losses in share price that are caused by allegations of management fraud / dishonesty. Importantly, the fraud does not need to be proven for you to recover your losses. When there is news of possible fraud in a company you have covered, coupled with a 10% drop in the share price within 2 days of that news, the cover is triggered. You then have 30 days to make an assessment and- if you decide to sell your shares, immediately get paid a claim. No paperwork and, management does not have to be convicted before you can claim– you just need to suffer a loss from this type of event and you will be covered!

Even if you trust management of a company, you should always have a safety net against possible severe losses. InvestSure provides this for EasyEquities clients.

Happy and safe investing. To learn more about other features on the EasyEquities platform you can do so here.

Read more about InvestSure and their journey below:

InvestSure features on Oxbow’s Impact 25 list

Investsure named a top 100 InsurTech company by Fintech Global

Getting on the right side of the investing fence