On-demand insurance platform INSHUR has launched its insurance offering for on-demand livery drivers in Arizona, its second state in the US following its success in New York. This news is the latest strategic milestone in INSHUR’s growth story, following the company’s acquisition of American Business Insurance Services (ABI) in April. With ABI’s existing footprint and capabilities built over the last 40 years, INSHUR is able to efficiently scale its innovative insurance products for the on-demand economy across the US.
The ability for on-demand livery and delivery drivers to access competitive insurance coverage that matches their needs is crucial in today’s economy. INSHUR’s business across the US and Europe has always centered around driver lifestyles through its deep understanding and use of data, insurance and technology for the on-demand driver economy.
With its sophisticated data modeling technology, INSHUR provides on-demand drivers with flexible pricing as well as a faster, more streamlined customer experience through exceptional claims handling and processing capabilities, all designed to get drivers back on the road quickly and safely.
The launch in Arizona is supported by INSHUR’s strategic partnership with Uber. Since 2018, INSHUR and Uber have been working together to deliver seamless integrations of innovative tech solutions to provide hassle-free insurance products for livery drivers. INSHUR’s unique processing of proprietary data and use of embedded technology in underwriting means better performance for capacity partners as well as competitive and comprehensive on-demand insurance policies to match driver lifestyles and driving habits.
In partnership with Uber, INSHUR plans to ramp up its business with on-demand drivers through its embedded insurance technology, with additional states planned in the coming months.The expansion across the US is made possible with INSHUR’s scalable modular platform enabling it to rapidly roll out into new markets, positioning INSHUR as the leader in embedded insurance solutions for the global on-demand economy.
Dan Bratshpis, Founder and CEO at INSHUR, says: “2023 has already been a big year for INSHUR and we are hitting another milestone by launching our products in Arizona, which has a community of on-demand livery drivers who need the best pricing and experience to match their lifestyles. Uber is the best partner to take this journey with, being completely aligned with our mission to make drivers’ experiences with insurance easier, fairer and more accessible.”
Andy Parr, Head of North America and Corporate Insurance at Uber, adds: “We want drivers to have access to products that support their livelihoods. Our strategic partnership with INSHUR will help us do that by delivering a straightforward process for professional livery drivers to access insurance. ”