About askMID
askMID is a company.. askMID offers products and services including Vehicle Insurance Verification and Fraud Reporting Service.
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Sectors
Financial Services
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Phone
*********
- Legal Name Motor Insurers' Bureau
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of askMID
askMID offers a comprehensive portfolio of products and services, including Vehicle Insurance Verification and Fraud Reporting Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Verification of vehicle insurance is performed using the Motor Insurance Database to check policy status.
Reporting of insurance fraud is facilitated through designated channels linked to the Motor Insurers' Bureau.
Funding Insights of askMID
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by askMID
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - askMID
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Askmid Comparisons
Competitors of askMID
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about askMID
What does askMID do?
The askMID service is provided to enable checks on whether a vehicle is recorded on the Motor Insurance Database, ensuring compliance with legal requirements for insurance. It is noted that vehicles must be insured or declared off the road via the DVLA to avoid penalties such as fines and warnings. Information on induced accidents and fraud reporting is made available, with all UK motor insurers required to contribute data. This database supports public verification and helps maintain road safety standards, as managed by the Motor Insurers Bureau.
What products or services does askMID offer?
askMID offers Vehicle Insurance Verification and Fraud Reporting Service.