About AllClear Travel
AllClear Travel is a company based in Romford (United Kingdom) founded in 2001 was acquired by NSM Insurance Group in August 2024. It operates as a Commission-Based. The company has 71 employees as of March 31, 2022. AllClear Travel has completed 1 acquisition, including InsureandGo. AllClear Travel offers products and services including Annual Multi-Trip Travel Insurance, Single Trip Travel Insurance, Pre-existing Medical Travel Insurance, and Cruise Travel Insurance.
- Headquarter Romford, United Kingdom
- Employees 71 as on 31 Mar, 2022
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Allclear Insurance Services Limited
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Annual Revenue
$2.13 M (USD)-59as on Mar 31, 2021
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Net Profit
$184.22 K (USD)-53as on Mar 31, 2021
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EBITDA
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Latest Funding Round
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Investors
NSM Insurance Group
& 1 more
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Employee Count
71
as on Mar 31, 2022
- Investments & Acquisitions
- Acquired by
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Products & Services of AllClear Travel
AllClear Travel offers a comprehensive portfolio of products and services, including Annual Multi-Trip Travel Insurance, Single Trip Travel Insurance, Pre-existing Medical Travel Insurance, and Cruise Travel Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Coverage is provided for multiple trips annually.
Coverage is offered for a single journey.
Protection is given for pre-existing medical conditions.
Specialized coverage is provided for cruise holidays.
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Funding Insights of AllClear Travel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AllClear Travel
AllClear Travel has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NSM Insurance Group and Synova. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Synova is engaged in growth capital and private equity investments.
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Founded Year | Domain | Location | |
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Provider of insurance brokerage services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AllClear Travel
AllClear Travel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include InsureandGo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Travel, pet, and mobile insurance products are offered online.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AllClear Travel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allclear Travel Comparisons
Competitors of AllClear Travel
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Allclear Travel
Frequently Asked Questions about AllClear Travel
When was AllClear Travel founded?
AllClear Travel was founded in 2001.
Where is AllClear Travel located?
AllClear Travel is headquartered in Romford, United Kingdom.
Who is the current CEO of AllClear Travel?
Chris Wacey is the current CEO of AllClear Travel.
How many employees does AllClear Travel have?
As of Mar 31, 2022, the latest employee count at AllClear Travel is 71.
What is the annual revenue of AllClear Travel?
Annual revenue of AllClear Travel is $2.13M as on Mar 31, 2021.
What does AllClear Travel do?
Travel insurance is offered by AllClear Travel for individuals of all ages and medical conditions. Coverage is provided for pre-existing medical conditions, seniors, and various destinations worldwide. Solutions include annual multi-trip, single trip, and specialized cruise insurance. The company operates in the financial services sector, focusing on comprehensive protection against unexpected events during travel. Policies are tailored to meet diverse customer needs, ensuring peace of mind through emergency medical and repatriation cover.
What products or services does AllClear Travel offer?
AllClear Travel offers Annual Multi-Trip Travel Insurance, Single Trip Travel Insurance, Pre-existing Medical Travel Insurance, and Cruise Travel Insurance.
How many acquisitions has AllClear Travel made?
AllClear Travel has made 1 acquisition, including InsureandGo.
Who are AllClear Travel's investors?
AllClear Travel has 2 investors. Key investors include NSM Insurance Group, and Synova.