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In the News

CEMET

CEMET

AI helping cut the costs of motor insurance

Driverly is a new Cardiff-based insurance provider offering flexible car insurance through a monthly subscription-based policy.

31/01/23

Business Live

Business Live

Car insurance fintech start up Driverly boosted with six-figure pre-seed investment round

Funders of the round into the Cardiff-based firm include the Development Bank of Wales

21/11/22

Wales247

Wales247

Cardiff car insurance fintech backed by Development Bank

The Development Bank of Wales led a pre-seed equity investment into a Welsh car insurance firm during a recently closed funding round.

18/11/22

UK Daily News

UK Daily News

Cardiff car insurance provider backed by Development Bank

The Development Bank of Wales led a pre-seed equity investment in a Welsh auto insurance company during a recently completed funding round.

18/11/22

Insider

Insider

Development Bank backs Car Insurance firm's funding round

The Development Bank of Wales has led a pre-seed equity investment into a Cardiff-based car insurance firm as part of a funding round.

18/11/22

Insurance Edge

Insurance Edge

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.

21/11/22

Insurance Age

Insurance Age

Development Bank of Wales invests in start-up broker

The Development Bank of Wales has invested £250,000 in Cardiff-based Driverly leading a pre-seed investment round of £525,000.

18/11/22

Crowdfund Insider

Crowdfund Insider

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.”

14/02/23

The Managing General Agents'​ Association (MGAA)

The Managing General Agents'​ Association (MGAA)

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

18/11/22

Finextra

Finextra

Driverly achieves 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.

13/02/23

Fintech Finance

Fintech Finance

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.

13/02/23

EIN Newsdesk

EIN Newsdesk

Driverly achieves UK first with FCA authorisaton for dynamically priced app based insurance

Driverly Insurance is the first app based dynamically priced insurance provider to be directly authorised by the FCA (Financial Conduct Authority)

11/02/23

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