Inshur Inc.

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Inshur Inc. - overview

Established

2016

Location

Brighton, -, UK

Primary Industry

Insurance

About

Inshur Inc. is a US-based company specializing in commercial auto insurance solutions, utilizing technology to streamline the insurance purchasing process for businesses requiring vehicle coverage. Inshur Inc. provides tailored commercial auto insurance solutions, focusing on businesses that depend on vehicles for their operations.


Founded in 2016 in Brighton, UK, by Dan Bratshpis and David Daiches, the company has successfully completed 7 funding rounds. The most recent, a Series B round in October 2024, raised USD 19. 00 mn, led by Viola Growth with participation from MS&AD Ventures. The firm operates globally with a presence in the UK, US, and Netherlands.


INSHUR specializes in offering commercial auto insurance solutions designed for businesses across various sectors. Their main products include comprehensive coverage options such as liability protection, collision and comprehensive coverage, and personal injury protection. By leveraging technology, INSHUR enhances the user experience through an online platform, catering to small and medium-sized enterprises in industries like delivery services, transportation, and logistics. INSHUR generates revenue through its commercial auto insurance offerings via a direct-to-consumer business model.


Clients engage with the company through its online platform, obtaining quotes and purchasing tailored insurance coverage. The revenue model relies on annual or semi-annual premium payments, reflecting the coverage level and risk associated with the client's vehicle usage, ensuring effective insurance protection for various commercial operations. Following its Series B funding round of USD 19. 00 mn in October 2024, led by Viola Growth, Inshur Inc.


plans to utilize these resources to support its business growth initiatives. The company aims to expand its market reach, targeting new geographic regions and potentially launching new products to enhance its service offerings.


Current Investors

Munich Re Ventures, MTech Capital, Viola Group

Primary Industry

Insurance

Sub Industries

e-Financial, Commercial Insurance

Website

www.inshur.com

Verticals

InsureTech, Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

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