NSM Insurance Group acquires ISO Student Health Insurance

NSM Insurance Group, a global specialty insurance provider with more than $1.8 billion in premium across 25+ niche insurance programs, has acquired ISO Student Health Insurance.

Since 1958, ISO has offered accident and sickness insurance plans for international students and scholars studying outside of their home country and traveling to the United States. The company has provided international insurance to more than 3 million students in over 200 countries and it has partnered with over 2,600 universities.

“We are thrilled to welcome ISO to our growing family of travel insurance brands. ISO is the market leader in student travel insurance and has established an amazing direct-to-consumer distribution strategy. Jacob and his team have built a tremendous business and operating model and we look forward to supporting their continued growth by leveraging our cutting-edge resources and technology and global distribution channels. The future is certainly bright for ISO and NSM.” – Bill McKernan, President of NSM Insurance Group.

“We’re energized to become a part of NSM’s burgeoning portfolio of leading travel insurance brands. For over 60 years, we have remained laser focused on serving a target demographic no other provider can match and building a highly reputable brand based on deep industry relationships, a range of product offerings and fast and reliable customer service. I am confident NSM has the capacity and resources to enable ISO’s continued growth through product development and geographic expansion.” – Jacob Harel, Chairman of ISO.

“The ISO team is delighted to join forces with NSM and build on our legacy of delivering the best health insurance offerings for international students — pioneered and managed by current and former international students.” – Stephanie Lin, CEO of ISO.