Company Information

Get to know DriveFactor

Founded in 2010, DriveFactor was a pioneer in smartphone-based telematics solutions for the insurance industry. The company developed a platform that collects and analyzes driving data to help insurers more accurately price risk, reduce claims costs, and engage with policyholders through UBI programs. In 2015, DriveFactor was acquired by CCC Information Services (now CCC Intelligent Solutions) and its technology has been integrated into CCC's broader suite of SaaS solutions for the property and casualty insurance economy.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance
Financial Other Service

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DriveFactor

United States

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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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.