INSHUR
Insurance for private hire, courier and food delivery drivers
- 101-200 employees
- B2B
- Cars
- Transport
- Insurance
- Garment District, New York, NY
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Company mission
INSHUR's mission is to make insurance fair and easy.
Our take
INSHUR has created a technology-focused insurance platform catered to private hire, courier and food delivery drivers, allowing them to take out flexible policies to suit their work patterns. The traditional process of meeting with brokers takes up valuable time that could be spent working. After initial success in New York, INSHUR expanded to the UK, being the first flexible insurance company of its kind. It has a partnership with Uber, securing its place in the market and making it the go-to for many drivers.
With INSHUR, drivers can take out policies that cover them only for the days they are working. They can choose a fixed term from 7 days to an annual policy to suit their working schedule, far more flexible than the traditional options of 30-days, 90-days or a year.
INSHUR launched its in-house UK claims operation in 2020, whilst it has been partnered with Uber since 2018. These strategic moves enables the leading insurtech to effectively provide a supportive, fully transparent experience for customers without outsourcing any of the claims journey. This approach will also help control costs, allowing savings to be passed on to its policyholders.
The car insurance industry has been lacking innovation for some time so INSHUR and similar companies (such as Cuvva) are set to significantly disrupt the market.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- 30 days holiday on top of any company holidays
- Private healthcare (or insurance) for you and your family
- 13 weeks fully paid parental leave regardless of your gender
- Generous quarterly personal development stipend
- Monthly flexible wellbeing allowance to help you remain healthy and productive
- Flexibility to choose your own place of work and flexible working hours
- Generous annual training allowance and regular learning opportunities
- Choice of laptop, monitor and top of the range kit
- Individual learning budget, personal development plans, levelling & progression frameworks, coaching and ongoing learning opportunities
- We have a flexible and hybrid-remote ethos and have adopted ‘remote-first’ principles. We value personal wellbeing and fully support flexible/remote working which we won’t restrict unless absolutely necessary
Funding (last 2 of 6 rounds)
Oct 2024
$19m
LATE VC
Apr 2023
$26m
LATE VC
Total funding: $81m
Leadership
Dan Bratshpis
(CEO )Previously COO at TFG Ltd., a global clothing retail group.
David Daiches
(COO)Previously COO then CEO at Insurecom and Strategy Director at OpenUnderwriter, an insurance software company.