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Brolly

Chile

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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Security Information :

Company hasn't provided information.

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.

Company Information

Get to know Brolly

Company Information

Get to know Brolly

Founded in 2016 by Phoebe Hugh and Mykhailo Loginov, Brolly was an insurtech startup that aimed to simplify the insurance market for consumers. Its mobile application offered an "insurance locker" where users could store and manage all their policies in one place. Using artificial intelligence, the platform analyzed a user's existing coverage to identify gaps or areas where they were over-insured, and then recommended better and more cost-effective policies. After raising venture capital and gaining traction in the UK market, Brolly was acquired by Direct Line Group in July 2020. Following the acquisition, the consumer-facing Brolly app was shut down as the team and technology were integrated into Direct Line's operations to enhance their digital services.

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