The commercial auto insurance industry has struggled to meet the needs of the burgeoning on-demand economy, leaving rideshare and delivery drivers underserved. INSHUR provides innovative embedded insurance solutions tailored for these drivers, utilizing real-time data from various platforms to create personalized and flexible products. With over 1 million policies sold and significant growth plans in the US, UK, and Europe, INSHUR aims to enhance insurance for drivers, while investing in AI and ML technologies for future solutions, including autonomous vehicle insurance.
The commercial auto insurance industry has long struggled to adapt to the rapidly evolving on-demand economy, leaving millions of rideshare and delivery drivers underserved by traditional providers that weren't designed for their unique needs.
INSHUR addresses this gap by providing embedded insurance solutions and complementary technology integrations specifically designed for digital platform providers in the on-demand economy.
The company leverages real-time data from platform partners to offer personalized, tech-enabled insurance products that provide flexible coverage adapting to each job, helping drivers stay on the road and keep earning.
INSHUR has secured a $35M capital raise from Trinity Capital, a leading alternative asset manager, bringing the total raised so far to $113.5M.
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