NSM Insurance Group completes acquisition of InsurEVO (AllClear and InsureandGo) to strengthen global presence in travel insurance
Acquiring Company
NSM Insurance Group
Acquired Company
AllClear Travel insurance
Conshohocken
LondonSouthend-on-SeaHealth CareInsuranceTravelInsuranceInsuranceDescription
NSM Insurance Group, a global specialty insurance provider, has finalized the acquisition of InsurEVO, which includes AllClear and InsureandGo, two leading U.K. travel insurance brands. This strategic investment reinforces NSM's commitment to providing unparalleled travel insurance platforms and solutions to customers worldwide and expanding its global presence in the travel insurance space.
Quick answer
NSM Insurance Group is acquiring AllClear Travel insurance and InsureandGo, announced May 29, 2024. NSM Insurance Group is based in Conshohocken, Pennsylvania, United States.
- How much did NSM Insurance Group pay for AllClear Travel insurance?
- The deal value was not disclosed.
- What does NSM Insurance Group do?
- NSM Insurance Group is a global specialty insurance provider, exclusively focused on building successful insurance programs.
- Where are NSM Insurance Group and AllClear Travel insurance based?
- NSM Insurance Group is based in Conshohocken, Pennsylvania, United States. AllClear Travel insurance is based in London, England, United Kingdom.
- Who are the decision-makers at NSM Insurance Group?
- Fundz holds 1 contact at NSM Insurance Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Insurance and Travel
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- PCF Insurance Services completes strategic acquisitions of Ignitist, The Brady Agency, Roseberry Insurance Agency, and The Sinnott Agency (June 24, 2024)
- Hub International Limited acquires assets of Wyatt Insurance Services, Inc. to expand nonprofit and construction commercial insurance and employee benefits services (July 10, 2024)
- Heffernan Insurance Brokers completes acquisition of Costello Insurance Associates to expand aviation specialty services (July 9, 2024)
- Huize completes acquisition of Global Care to expand into Southeast Asia (June 28, 2024)
- iA American Holdings, Inc. acquires Vericity, Inc. in a $170 million all-cash transaction, $170M (June 28, 2024)
- Priority Health to acquire Physicians Health Plan of Northern Indiana, Expanding into Northern Indiana and Ohio (June 19, 2024)
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Frequently asked
Who acquired AllClear Travel insurance?
AllClear Travel insurance was acquired by NSM Insurance Group, based in Conshohocken. The deal was reported on May 29, 2024. NSM Insurance Group is a global specialty insurance provider, exclusively focused on building successful insurance programs. NSM Insurance Group is privately held and operates in Health Care.
When did NSM Insurance Group acquire AllClear Travel insurance?
NSM Insurance Group's acquisition of AllClear Travel insurance was reported on May 29, 2024. NSM Insurance Group, a global specialty insurance provider, has finalized the acquisition of InsurEVO, which includes AllClear and InsureandGo, two leading U.K. travel insurance brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does AllClear Travel insurance do?
AllClear has been highly successful in developing innovative technology, powering many brands as a specialist provider of niche insurance products and services. It is privately held, operating in Travel, and is based in London.
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