Company Information

Get to know VOOM Insurance

VOOM is a full-stack Insurtech MGA (Managing General Agent) that leverages AI and telematics to offer innovative, usage-based insurance products for the future of mobility. Founded in 2016, the company initially launched with on-demand drone insurance under the brand SkyWatch.AI and has since expanded its offerings to include pay-per-mile motorcycle insurance and car insurance. VOOM's mission is to provide fair, flexible, and data-driven insurance policies that align with the actual usage of vehicles, targeting riders and drivers who cover fewer miles annually.

Industry

Financial InsurancePRIMARY
Technology Software Development

Contact

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VOOM Insurance

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

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.