Company Information

Get to know BIMA

Founded in 2010, BIMA (now part of the parent company Milvik AB) is a pioneering insurtech company with a mission to provide vital health and insurance services to low-income populations. By leveraging mobile technology, BIMA makes its products affordable and accessible, often for the first time, to millions of customers. The company partners with mobile network operators and financial service providers to distribute its products, which include life, accident, and health insurance, as well as telemedicine and health-related services, thereby creating a safety net for families in developing economies.

Industry

Financial InsurancePRIMARY
Financial Other Service

Contact

Social

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BIMA

United Kingdom

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.