NSM acquires Envisage International

Specialty insurance provider NSM Insurance Group has acquired Envisage International, a Florida-based company offering global health and travel insurance plans for international students and cultural exchange participants around the world.

Founded in 1998, Envisage offers a variety of international health and travel medical insurance products through its two brands, International Student Insurance and Envisage Global Insurance. ISI serves colleges, universities, ESL programs, study abroad programs, students, teachers and scholars with A+ rated plans. EGI is the “leading provider” of group insurance plans to organizations in the J1 cultural exchange and global youth travel market.

“The travel insurance market is booming and will continue to grow at a rapid pace — with the industry predicted to reach $41B by 2027. We plan to seize this market opportunity and become a dominant player in the space. Envisage is a market leader in international education and cultural exchange insurance with a talented team, strong customer base, established revenue relationships and cutting-edge technology infrastructure. They are an enterprising addition to our portfolio as we look to build our footprint in the international health and travel insurance space.” – Bill McKernan, president 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 ISI and EGI grow by expanding our distribution channels, further enhancing our technology platforms and expanding our global market reach.” – Keith Clausen, president of Envisage International.