NSM Insurance Group completes acquisition of InsurEvo Group (AllClear and InsureandGo) to expand travel insurance portfolio
Acquiring Company
NSM Insurance Group
Acquired Company
InsureandGo
Description
NSM Insurance Group, a global specialty insurance provider, has successfully completed the acquisition of InsurEvo Group, including AllClear and InsureandGo. This acquisition aligns with NSM's commitment to the travel and student health insurance space, aiming to build a robust portfolio of leading travel brands around the world. The acquisition will bring the full power of NSM's capacity, resources, and technology to further grow these leading U.K. travel insurance brands.
Quick answer
NSM Insurance Group is acquiring InsureandGo and AllClear Travel insurance, announced August 16, 2024. NSM Insurance Group is based in Conshohocken, Pennsylvania, United States.
- How much did NSM Insurance Group pay for InsureandGo?
- 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 InsureandGo based?
- NSM Insurance Group is based in Conshohocken, Pennsylvania, United States. InsureandGo is based in Southend-on-Sea, Essex, 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 Insurance
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- PCF Insurance Services acquires insurance business of Kentucky Health Solutions to expand insurance solutions (August 29, 2024)
- Rural Healthcare Group to acquire Steward Medical Group and Steward Health Care Network to expand access to high-quality care (August 14, 2024)
- Monroe Capital supports Medusind Solutions Inc.'s acquisitions of Billing Solutions, LLC and edgeMED Healthcare (August 14, 2024)
- The Standard to acquire Allstate’s Employer Voluntary Benefits business for approximately $2 billion and enter into a product distribution partnership, $2B (August 13, 2024)
- Hub International Limited acquires Insurance Management Company to strengthen commercial insurance and risk management capabilities (August 6, 2024)
- Hub International acquires McClements Insurance Services, LLC to expand employee benefits services (July 19, 2024)
Who to call at NSM Insurance Group, and when
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Frequently asked
Who acquired InsureandGo?
InsureandGo was acquired by NSM Insurance Group, based in Conshohocken. The deal was reported on August 16, 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 InsureandGo?
NSM Insurance Group's acquisition of InsureandGo was reported on August 16, 2024. NSM Insurance Group, a global specialty insurance provider, has successfully completed the acquisition of InsurEvo Group, including AllClear and InsureandGo. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does InsureandGo do?
InsureandGo is a travel insurance company that provides medical travel insurance services. It is privately held, operating in Insurance, and is based in Southend-on-Sea.
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