In the News
The Managing General Agents' Association (MGAA)
22 May 2023
Driverly’s unique Road Risk Map helps to identify the 5 most dangerous sections on Britain’s roads
As part of its unique AI driven telematics data profiling and risk analysis, Driverly has identified the top 5 most dangerous road sections in Britain based on accident data, traffic volumes and driver behaviour.
Crowdfund Insider
14 Feb 2023
Driverly Achieves UK “First” for Dynamically Priced Insurance as it Receives Direct Authorization from FCA
Driverly is pleased to announce it has received direct authorization from the Financial Conduct Authority (FCA) “to sell car insurance after a thorough review of its processes and governance structure.”
Fintech Finance
13 Feb 2023
Driverly achieves UK first with FCA authorisation for dynamically priced app based insurance
Driverly has announced it has received direct authorisation from the Financial Conduct Authority (FCA) to sell car insurance after a thorough review of its processes and governance structure.
University of South Wales
19 Jan 2023
How AI could help young drivers cut the costs of motor insurance
An app which uses AI to monitor real-world driving conditions and accident data, along with driver and vehicle profiling, has been enhanced by the University of South Wales (USW) and a Cardiff-based car insurance service.
CIR Magazine
16 Jan 2023
Driverly and USW develop AI-powered driving insurance app
Driverly Insurance has teamed up with the University of South Wales’s Centre of Excellence in Mobile and Emerging Technology, CEMET, to develop an AI-powered risk map that combines real-world driving conditions and accident data with driver and vehicle profiling.
Boston Tullis
6 Jan 2023
What inspired the creation of AI-based car insurance platform Driverly?
Armed with extensive understanding of the car insurance market following a seven-year stint at Admiral, Armin Kia sought to create a new type of platform that determines prices not based on often misguided, broad demographic data, but on individual drivers’ performance behind the wheel in real-time. In this clip, he explains how the app uses this data to offer drivers insurance more fairly measured to their risk.
Insurance Edge
21 Nov 2022
Development Bank of Wales Invests 250K in Driverly
The Development Bank of Wales led a pre-seed equity investment into a Welsh car insurance firm during a recently closed funding round. Cardiff-based Driverly provides a unique, flexible, subscription-based car insurance service, using proprietary technology to offer flexible pricing to its customers.
The Managing General Agents' Association (MGAA)
18 Nov 2022
Driverly Insurance, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales
Driverly, the flexible car insurance provider which uses tech to reward good drivers, backed by Development Bank of Wales