Who Owns All Clear Travel Insurance

Who Owns All Clear Travel Insurance?

AllClear Travel Insurance is a renowned provider specializing in comprehensive travel insurance, especially for those with pre-existing medical conditions. Understanding who owns AllClear Travel Insurance is crucial for consumers and partners seeking transparency and assurance in their insurance provider. This article provides an up-to-date, in-depth examination of the ownership structure, history, and significance of AllClear within the travel insurance sector.


Top Takeaways

  • AllClear Travel Insurance is owned by NSM Insurance Group as of August 2024[1][2][4].
  • AllClear was previously operated under the InsurEVO Group alongside InsureandGo and JustCover[1][2][5].
  • The acquisition by NSM Insurance Group positions AllClear among a portfolio of global specialty insurance brands[1][2][5].
  • AllClear retains its strong leadership and brand identity, continuing to serve millions of customers, particularly those with specialist travel needs[1][2].
  • For further ownership insights and business background, the site Who Owns offers regularly updated information on AllClear and other UK brands.

Table of Contents

AllClear Travel Insurance: Company Overview
Ownership Timeline: Key Acquisitions and Milestones
About NSM Insurance Group
Strategic Importance of the Acquisition
Leadership and Operations
How to Verify Travel Insurance Ownership
Related Insights and Resources
Frequently Asked Questions (FAQ)


AllClear Travel Insurance: Company Overview

AllClear Travel Insurance has earned a reputation as a leading specialist in the UK insurance market. The company focuses on delivering inclusive and flexible travel insurance cover, particularly for individuals with pre-existing health conditions or those seeking tailored policies[2].

  • Founded over two decades ago, AllClear supports more than three million policyholders across the UK, Ireland, and Australia.
  • AllClear offers insurance solutions to prominent charities and household brands—including Aviva, Direct Line, Diabetes UK, and Motability[2][5].
  • The brand is known for high customer satisfaction, with over 97% of 150,000+ Trustpilot reviews rating them ‘Great’ or ‘Excellent’[2].

Ownership Timeline: Key Acquisitions and Milestones

AllClear’s journey reflects significant growth and high-profile transactions:

  • Pre-2018: AllClear operated independently, building its niche in specialist travel insurance.
  • 2018: Synova, a UK private equity firm, took a majority stake and installed Chris Rolland as CEO. Under Synova’s guidance, AllClear expanded rapidly, acquiring new brands and markets[3].
  • September 2021: AllClear acquired InsureandGo from MAPFRE Asistencia, doubling its presence in the UK travel insurance sector[6].
  • August 2024: NSM Insurance Group completed its acquisition of InsurEVO—the parent company of AllClear, InsureandGo, and JustCover—bringing AllClear under NSM’s expansive umbrella[1][2][5].

For ongoing updates on insurance company ownership and related news, visit Who Owns and the dedicated AllClear ownership page.


About NSM Insurance Group

NSM Insurance Group is a global specialty insurance provider headquartered in the United States, managing over $1.8 billion in premium across 25+ specialty programs[2][5].

  • NSM is known for acquiring and scaling niche insurance brands in areas like travel, pet, and health insurance.
  • The group’s approach emphasizes robust technology platforms, operational integration, and brand independence for its acquired companies[2][5].
  • With the AllClear and InsureandGo brands, NSM continues to strengthen its position as a global leader in travel insurance.

More details on NSM Insurance Group and their portfolio are available from the Insurance Times and PR Newswire.


Strategic Importance of the Acquisition

The acquisition of AllClear by NSM Insurance Group brings together global resources and local expertise for the benefit of policyholders and partners alike[1][2][5].

  • NSM’s investment drives innovation, technology upgrades, and product expansion across AllClear’s offerings.
  • Customers benefit from increased stability and access to international support, while AllClear continues its customer-focused mission.

As CEO Geof McKernan noted, the acquisition “brings the full power of NSM’s capacity, resources, and technology to further grow these brands and position them as the world’s most in-demand travel insurance platforms”[2][5].


Leadership and Operations

AllClear retains a strong, experienced leadership team—led by CEO Chris Rolland—following the acquisition[1][2][7].

  • Chris Rolland has overseen significant company growth, brand development, and operational excellence since his appointment in 2018.
  • The company employs over 350 staff across five offices in three countries, ensuring continuity and expertise in service delivery[3][7].

Learn more about the executive team at AllClear’s official site.


How to Verify Travel Insurance Ownership

Transparency in ownership is essential for consumer trust.

  • To confirm the latest on who owns a particular insurance company, refer to trusted industry information sources like Who Owns and regulatory disclosures.
  • Checking a provider’s privacy policy or official press releases, such as those on NSM’s media site, offers authoritative confirmation[2][8].

Related Insights and Resources


Frequently Asked Questions (FAQ)

Who owns AllClear Travel Insurance?
As of August 2024, AllClear Travel Insurance is owned by NSM Insurance Group, a global specialty insurance conglomerate[1][2][4][5].

Who owned AllClear before NSM Insurance Group?
Before NSM’s acquisition, AllClear was operated under the InsurEVO Group, which was previously backed by the private equity firm Synova[3][5].

Are AllClear and InsureandGo the same company?
AllClear and InsureandGo are separate brands but are both owned by NSM Insurance Group following the acquisition of their parent, InsurEVO[1][2][4].

What makes AllClear unique in the travel insurance market?
AllClear specializes in providing travel insurance solutions for individuals with pre-existing medical conditions, serving a broad customer base with tailored coverage options and award-winning service[2][5].

Can I trust AllClear Travel Insurance?
AllClear is highly rated by customers and industry reviewers, holds partnerships with leading brands, and is now part of a robust international insurance group, ensuring credibility and security[2][5].

How can I verify the ownership of any UK insurance company?
Consult Who Owns, check the company’s privacy policy or regulatory filings, or refer to industry sources like the Financial Conduct Authority register.

Where can I find more information about NSM Insurance Group?
Visit NSM’s official website or read their acquisition announcements for further details on group operations and acquisitions.


For the most current updates and in-depth profiles on UK company ownership, visit Who Owns.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *