Company Information

Get to know Drive Easy

Drive Easy was a trading name and car insurance provider in the United Kingdom that specialized in telematics, or "black box," insurance. Its mission was to offer more affordable insurance policies to demographics typically facing high premiums, such as young or inexperienced drivers. By installing a small device in the policyholder's car, Drive Easy could monitor driving habits like speed, braking, and mileage, rewarding safer drivers with potential discounts. The brand was part of the Markerstudy Group of companies. The original `driveeasy.co.uk` website now redirects to a sister brand, Drive Wiser, which offers a similar telematics insurance product.

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Financial InsurancePRIMARY
Financial Other Service

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Drive Easy

Australia

Founded in

1996 (30 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(78 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.