NSM Insurance Group to Acquire U.K. Travel Insurance Leader InsurEVO

NSM Insurance Group

CONSHOHOCKEN, PA — NSM Insurance Group recently signed a definitive agreement to acquire InsurEVO, a prominent personal lines travel MGA based in the U.K. InsurEVO operates two leading travel insurance brands, AllClear Travel and InsureandGo, which collectively serve over three million customers.

The deal, subject to regulatory approvals and customary closing conditions, marks a significant expansion for NSM Insurance Group. “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 and Founder of NSM Insurance Group. McKernan praised Chris Rolland, Group CEO of AllClear and InsureandGo, for his leadership and technological advancements that have fueled growth.

Since 2000, AllClear and InsureandGo have provided travel insurance to millions. Both brands focus on delivering seamless and efficient customer experiences. Their success is driven by advanced digital platforms and award-winning customer service.

Chris Rolland expressed enthusiasm about the acquisition. “We’re absolutely thrilled to join forces with NSM to help us continue to grow and scale the business,” said Rolland. He highlighted the dedication of his team over the past two decades and looked forward to further growth under NSM’s guidance. “NSM has the prowess and proven track record to help our business grow by expanding our distribution channels, enhancing our technology platforms, and increasing our global reach.”

This acquisition will likely bolster NSM’s presence in the travel insurance market, leveraging InsurEVO’s established reputation and customer base. The collaboration aims to drive innovation and deliver superior value to clients worldwide.

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In summary, NSM Insurance Group’s acquisition of InsurEVO positions both companies for enhanced growth and expanded market presence. As they integrate their capabilities, they aim to set new standards in travel insurance and customer satisfaction.

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