Press Releases
24/11/22
Driverly Insurance announces ‘unexpected overfunding’ in pre-seed investment round worth more than half a million pounds.
Latest round of investment sees Driverly secure its first institutional investor as well as some of the insurance industry’s most renowned investors.
05/04/23
Driverly Insurance exceeds 1st Qtr engagement target by 150 percent as users flock to download the revolutionary driving app and create user clubs
As Driverly ramps up its marketing and engagement strategy, the unique driving app exceeds target download numbers by over 150% in Q1 as the app rides its first viral wave!
08/02/23
Driverly achieves UK first for dynamically priced insurance as it receives direct authorisation from the Financial Conduct Authority (FCA)
Driverly is delighted to announce 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. This is believed to be the first successful FCA application centred solely around a monthly, dynamically priced proposition. It marks one of the final stages for Driverly in its mission to deliver its disruptive car insurance service to the UK
17/01/23
Driverly and University of South Wales join forces to unveil a pioneering AI powered, real-world driving insurance app
Partnering with the internationally acclaimed USW Centre of Excellence in Mobile and Emerging Technology (CEMET), Driverly Insurance has developed the UK’s first AI-powered risk map that combines real-world driving conditions and accident data with driver and vehicle profiling. This ground-breaking work supports Driverly’s mission to deliver safer UK roads whilst rewarding good driving behaviours.
20/12/22
Driverly launches UK’s first dynamically priced, adaptive car insurance product with the release of its free App on iOS App Store and Android Google Play
Customers invited to download revolutionary free-to-use telematics App to build a personalised, performance-based, driving score that can reduce premiums and provide rewards for younger, safer, drivers.
16/05/23
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.