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NSM Insurance Group completes acquisition of InsurEvo Group (AllClear and InsureandGo) to expand travel insurance portfolio

PRIVATEAug 16, 2024

Acquiring Company

NSM Insurance Group

Acquired Company

InsureandGo

ConshohockenSouthend-on-SeaLondonHealth CareInsuranceInsuranceTravelInsurance

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.

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Company Information

Company

NSM Insurance Group

Location

Conshohocken, Pennsylvania, United States

About

NSM Insurance Group is a global specialty insurance provider, exclusively focused on building successful insurance programs. For more than 30 years, NSM has been committed to delivering industry-specific insurance programs that help agents meet the unique needs of their customers and fuel market growth through innovative development, underwriting, distribution and risk management expertise. The company has built more than $2 billion in premium across 30+ specialty insurance programs and brands around the world focused on collector cars; student health and travel; social services and behavioral health; addiction treatment; coastal condominiums; towing and garage; trucking; sports and fitness; professional liability for architects and engineers, lawyers, CPAs and doctors; habitational; community association management; commercial and residential contractors; staffing; workers' compensation; medical stop-loss and managed care; and facultative reinsurance.

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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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