INSHUR

INSHUR is revolutionizing commercial auto insurance by insuring the drivers that power the global economy. Founded in 2016, it is at the forefront of urban mobility and is one of the fastest-growing and commercially proven Insurtech companies. INSHUR has built a next-generation, data-led insurance platform to power and protect the new economy players in mobility, delivery, and transportation. The company provides fully digital auto insurance for taxi, TLC, ride-share, private fleet, and private hire drivers, as well as other globally recognized partners. INSHUR operates as an MGA (managing general agent), offering flexibility to price, underwrite, and manage customers' insurance policies without worrying about balance sheet risk. In 2020, it brought claims in-house, enabling the settlement and adjustment of customers' claims in a digital, fair, and friendly way. The company has completed a Series B investment of $26.00M with participation from MTech Capital, Jerusalem Venture Partners, Munich Re Ventures, and Viola FinTech on 20 April 2023. Additionally, INSHUR acquired American Business Insurance in 2023, expanding its coverage to 50 US states. INSHUR's technology platform sets a new benchmark for the design, development, and distribution of insurance products, catering to some of the world's most progressive businesses. With exciting plans to continue growing its portfolio and product lines and expand to new territories, INSHUR showcases promising potential and strategic growth opportunities for investors.