On-demand insurtech Inshur hires Munich Re leader to scale European business

Insurtech Inshur, a provider of on-demand insurance, has tapped a  Munich Re senior executive as director of underwriting, as it looks to solidify its growth in the embedded insurance market.

Inshur has appointed James Rawstron (pictured) as its new director of underwriting. With a strong background in the industry, Rawstron will be tasked with growing the company’s European business whilst maintaining a laser focus on underwriting profitability.

The appointment follows Inshur's capital raise of $26 million in a Series B up-round and the acquisition of American Business Insurance Services in the US.

Rawstron, a qualified actuary, joins Inshur from Munich Re, where he held the position of head of performance management, distribution at Munich Re Specialty Group. During his time at Munich Re, he played a crucial role as head of pricing at Munich Re Digital Partners, where he spearheaded the development of the pricing and actuarial function. Previously, Rawstron held various roles across pricing and underwriting at Ageas.

Edward Hill, SVP European markets, at Inshur, said: "We are delighted to welcome James as the new Director of Underwriting at Inshur. His extensive experience in the insurtech market and understanding of the industry will undoubtedly prove invaluable in driving our underwriting strategies and ensuring a well balanced approach for both our partners and customers."

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