David Daiches, COO, Inshur. Fast, effective, affordable - building an MGA for the new economy (89)

InsTech - insurance & innovation with Matthew Grant

InsTech

Entrepreneurship, Investing, Business

4.8 • 50 Ratings

🗓️ 21 June 2020

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Founded in 2016 by David Daiches and Dan Bratshpis INSHUR is an MGA making it easier for ride share drivers, including those covered by New York's TLC (Taxi and Limousine Commission), to get insurance coverage in the US and UK working closely with Uber, Lyft and others. Recorded from INSHUR's offices in Brighton back in March and updated with a call to Paul Doran - VP Marketing (who spoke to us at our event recorded on episode 26 last April). Matthew's discussion with David include: - How to get professional drivers confident in a new insurance coverage - Why speed is important when providing a quote - How they create and support their community of drivers - Risk profiles of electric cars versus traditional fuels And much more Tell us what you think or contact Matthew Grant on Linkedin here Find out what we are up to at Instech London at www.instech.london Sign up to our newsletter for a fresh view on the world every Wednesday morning Continuing Professional Development - Learning Objectives InsTech London is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech London podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme. Complete the InsTech London Podcast Feedback Survey to claim your CPD time

Transcript

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0:00.0	The best place to get coffee and donuts and I think our most popular one was the best places to stop for the toilet in Manhattan.
0:29.5	Hello, Matthew Grant here, your host of the INSDEC London podcast and partner at INSEC, London.
0:34.3	Well, how's your week been? Getting out and about a bit more. Now, we may be based in the UK, but innovation has no boundaries and it's great to see that over half
0:38.3	of you are listening in from outside of the UK in fact 25% of you from the US over 1,000 each
0:45.8	in Australia and Germany and if you are our one fan in Bolivia, Botswana, Belarus or
0:52.7	Guernsey please do hang in there. We really value your
0:56.0	support. Last week, Robert and I have been talking to people in France, Germany, Israel and the US,
1:01.6	and finally were seeing people back in their offices. Still fairly quiet, but the signs are
1:05.5	encouraging. It's somewhat apt, therefore, that this episode was recorded at the last
1:10.2	face-to-face meeting I held back in March earlier this year in the Brighton offices of Insure with David Datchy's co-founder of Mobility MGA Insure.
1:21.3	Now, you may have heard us talking to Paul Doran, VP of Marketing for Ensure on stage at one of our face-to-face events in April last year recorded on
1:30.6	episode 26. So in this episode, I learned a little bit more about the history of the company
1:35.3	while they've been so successful and what they've been doing in the last 12 months. And also
1:41.1	hanging there to the end for a recent update on what's been happening since we spoke to David in Brighton.
1:54.4	David, it's wonderful to be here, Dan in Brighton. This is interdeck on tour. You are founded in 2016 and you're the only fully digital
2:01.1	insurance platform for today's commercial and ride share drivers, owners and fleets.
2:07.0	You've got a team based here in Brighton. You're also in New York. According to Crunchbase,
2:10.5	you've got funds raised of $11 million. We've had Paul Doran, your VP of marketing, talking to us a year ago. I think a lot
2:21.0	has been happening since then. But first of all, it would be just great to hear a little bit
2:26.9	about you and your backstory. We started that Dan was working at a broker in Manhattan that was looking at the yellow cap market.
2:40.3	He saw the opportunity with a complete different demographic.
2:43.3	The average age of a yellow cab driver was about 56 and they were very happy to come into a broker's office and fill in some form
	...

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