On-demand insurance platform INSHUR has appointed James Rawstron as its new Director of Underwriting, as it looks to further solidify its rapid growth as an embedded insurance specialist to the on-demand economy.
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. His appointment follows several recent milestones for INSHUR, including a capital raise of USD $26m in a Series B up-round and the acquisition of American Business Insurance Services in the US.
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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.
At the same time, Rawstron served as a member of the Institute & Faculty of Actuaries Insurtech Working Party, showcasing his dedication and expertise in the field. Prior to that, he honed his knowledge of the UK motor market while covering various roles across Pricing and Underwriting at Ageas.
Edward Hill, SVP European Markets, at INSHUR, says: "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."
