Founders: Dan Bratshpis and David Daiches
INSHUR is a global provider of embedded insurance solutions and complementary technology integrations for on-demand platforms such as Uber and Amazon Flex. Through data, technology and in-house expertise, INSHUR is the leading North American and European provider of insurance to on-demand drivers. Since 2016, INSHUR has been successfully insuring and protecting this professional class of drivers with our seamless integration of technology and underwriting expertise to match the experience of our partner platforms.
As services including transportation and delivery are increasingly provided by on-demand platforms, traditional insurance offerings have become unsuitable for these modern requirements. The on-demand economy is growing exponentially, and the ability to provide access to competitive insurance policies that match drivers’ needs is becoming imperative to delivering the best experience possible.
INSHUR offers a personalized suite of products that protects the well-being of its customers and provides flexible coverage and protection which adapts to the job – helping drivers stay on the road. INSHUR:
- Is officially recognized as an Uber-endorsed driver insurance provider for independent drivers, plus partnerships with Bolt, Ola and others, positions INSHUR to become the leading commercial auto insurance provider for on-demand drivers
- Offers a fully integrated, innovative wallet-based pay-as-you-go product in partnership with Amazon Flex for all its delivery partners across the UK. Within four months of launch, INSHUR issued policies for 50% of Amazon Flex’s active delivery partners
- Is top-rated by customers for its product and service (4.5/5 on TrustPilot)
- Boasts strong loss ratios and strong carrier relationships
- Drove 30% growth in 2022, on track to grow by over 200% in 2023
- Continues to build an award-winning & diverse team with exceptional expertise that bridges both insurance and technology, making it insurtech’s best-kept secret
Embedded insurance brings many mutual benefits for platform workers, insurers and platforms, but it’s the symbiosis of all three where we see the magic in creating a superior customer experience coupled with real underwriting advantages to develop customized products, while at the same time driving down acquisition costs.
- INSHUR enables them to provide customized and seamless insurance, helping to attract and retain talent and keep them compliant and protected
- INSHUR’s superior onboarding experience removes the complexity or confusion prevalent in the industry. Our flexible products are built to work specifically for each platform and radically simplify the process
- INSHUR: by embedding our products into partner platforms, we’re able to create innovative insurance products that are underwritten using alternative data – instantly removing some of the biases associated with location, age and gender and enabling us to offer on-demand workers the best cover