Company Information

Get to know Insure The Box

Launched in 2010 as the UK's first dedicated telematics-only insurer, Insure The Box aims to make driving safer and car insurance fairer, particularly for young and new drivers. The company installs a small device (a "black box") in the customer's car to collect data on driving style, such as speed, braking, acceleration, and mileage. Good driving behaviour is rewarded with bonus miles and potential discounts on renewal. Insure The Box is a trading name of Aioi Nissay Dowa Insurance UK Ltd, part of the global MS&AD Insurance Group.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Insure The Box

United Kingdom

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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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.