Munich Re-backed commercial auto insurtech Inshur plans global expansion; hires Uber veteran to lead strategy
Munich Re-backed insurtech Inshur, a provider of commercial auto insurance for private hire drivers, has strengthened its leadership team to support its market expansion plans globally. The company currently operates in New York and the UK.
Inshur has hired ride-sharing app Uber's former legal director of insurance, EMEA, Simon Logan, as vice president of commercial & legal. He will advise the start-up on commercial development and growth strategy, while overseeing overall legal responsibility as the company expands.
Logan was previously head of legal at RSA Insurance Group in London.
Earlier in May, Inshur teamed up with the smartphone taxi app Uber to offer drivers who use the Uber app insurance. The insurtech has raised a total of $9.6 million funding to date, including a significant investment from Munich Re Digital Partners.
"We're growing at a rapid pace, and Simon's reputation within the insurance and tech industries alongside his strong connections within the global team at Uber made him stand out as someone who can bring much value to our growing business and senior leadership team," said David Daiches, COO and co-founder of Inshur. "We are delighted he chose us, we have worked closely with Simon as we have furthered our relationship with Uber."
Logan said: "I got to know David and the Inshur team while working on the partnership with Uber. Inshur is one of the most credible and fastest-growing businesses in its space. From the outset, it was clear we had a strong and aligned understanding of the disruption and potential Inshur brings to the market. Inshur's track record speaks for itself; it has secured solid commercial and VC backing, established great allies and commercial partners and on top of that they are a great bunch of people."
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