Company Information

Get to know Coverfy

Founded in 2016, Coverfy is a Spanish Insurtech company that operates as a 100% digital insurance broker. Its mission is to simplify the management of insurance for individuals and businesses by centralizing all policies from any insurer into a single mobile app. The platform provides users with a personal advisor, optimizes their existing policies to find better coverage or pricing, and facilitates the acquisition of new insurance products. In 2021, Coverfy was acquired by the financial services group BD Capital to enhance its technological capabilities and market reach.

Industry

Financial InsurancePRIMARY
Financial Other Service
Technology Software Development

Contact

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Coverfy

Spain

Founded in

01 जन. 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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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.

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.