NSM acquires two travel insurance brands

Specialty insurance provider NSM Insurance Group has signed an agreement to buy UK-based InsurEVO. InsurEVO is a specialist personal lines travel MGA with more than three million customers that operates AllClear and InsureandGo .

“Today marks an exciting new chapter for AllClear and InsureandGo. We are delighted to welcome these renowned brands to the NSM family. 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.” – Geof McKernan, CEO & Founder of NSM Insurance Group.

“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. 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.” – Chris Rolland, Group CEO of AllClear and InsureandGo.