Global specialty insurance provider NSM Insurance has agreed to purchase InsurEVO, which has UK-based AllClear Travel Insurance and InsureandGo under its umbrella.
The closing of the NSM deal for the UK travel insurance brands is subject to regulatory approvals and other customary conditions.
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Since 2000, millions of UK users have utilised AllClear and InsureandGo for their travel insurance needs.
“Today marks an exciting new chapter for AllClear and InsureandGo. We are delighted to welcome these renowned brands to the NSM family,” said Geof McKernan, CEO & founder of NSM Insurance Group.
“Chris has done a tremendous job growing both brands and leading process and technological change while maintaining strong growth. Together, we will drive continued innovation to deliver exceptional value to our clients and expand our global presence.”
“We’re absolutely thrilled to join forces with NSM to help us continue to grow and scale the business. Over the last two decades, our dedicated and talented team has helped us grow into the force we are today, and we look forward to extending that growth with NSM,” said Chris Rolland, group CEO of AllClear and InsureandGo.
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By GlobalData“NSM has the prowess and proven track record to help our business grow by expanding our distribution channels — further enhancing our technology platforms and expanding our global market reach. We are confident that NSM will help lead us to a bright future filled with growth, development and success.”
Blink Parametric has extended its partnership with MAWDY Ireland and rolled out its flight disruption solution to the MAWDY Ireland InsureandGo brand in January 2024.
Originally partnering in October 2023, Blink and MAWDY, part of the Mapfre group, covered segments of the direct book of travel insurance business.
