Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Single Bidder
United States
insurance services
Majority
Insurance Brokers
Completed
Friendly
Domestic
Synopsis
INSHUR, an insurance provider, completed the acquisition of American Business Insurance Services, an insurance agency. Financial terms were not disclosed. “The on-demand driver economy is growing exponentially around the world, so the ability to provide access to competitive insurance policies that match drivers’ needs is becoming imperative to delivering the best user experience possible. Since 2016, INSHUR has been successfully insuring and protecting a professional class of drivers with our seamless integration of technology and underwriting expertise to match the experience of our partner platforms," Dan Bratshpis, INSHUR CEO and Co-Founder.
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