INSHUR to continue global expansion with £15m backing

Quick Summary:

Insurance for the on-demand economy is a challenge for drivers.

According to a recent report from the company, over a quarter (26%) of drivers in the US say that vehicle insurance is one of the biggest burdens on their finances, with 26% of Rideshare claiming that insurance is too expensive.

INSHUR solves this challenge through underwriting capabilities and claims handling, enabled by its technology platform, to offer a suite of products tailored specifically for the on-demand lifestyle.“The future is on-demand.

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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets: United Kingdom

Topics: InsurTech Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-16 @ 17:20:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 498 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 23099901

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #61

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