InsureandGo
About InsureandGo
InsureandGo is a company founded in 2000 was acquired by NSM Insurance Group in June 2024.. The company has 120 employees as of December 31, 2022. InsureandGo offers products and services including Single Trip Insurance, Annual Travel Insurance, Cruise Travel Insurance, and Medical Travel Insurance. InsureandGo operates in a competitive market with competitors including battleface, True Traveller, Postcard Travel Insurance, Flyfund and CoverForYou, among others.
- Employees 120 as on 31 Dec, 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 Insure & Go Insurance Services Limited
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Annual Revenue
$16.91 K (USD)-62as on Dec 31, 2020
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Net Profit
$-3.45 K (USD)-1263as on Dec 31, 2020
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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
120
as on Dec 31, 2022
- Acquired by
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Products & Services of InsureandGo
InsureandGo offers a comprehensive portfolio of products and services, including Single Trip Insurance, Annual Travel Insurance, Cruise Travel Insurance, and Medical 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.
Covers one-time trips with medical and cancellation protection.
Provides yearly coverage for multiple trips and activities.
Offers protection for cruise trips including sea-based emergencies.
Insures pre-existing conditions and health issues during travel.
Funding Insights of InsureandGo
| 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 InsureandGo
InsureandGo has secured backing from 2 investors. Prominent investors backing the company include NSM Insurance Group and AllClear Travel. 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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Travel insurance is provided for various conditions and destinations.
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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 InsureandGo
| 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 |
Financial Statements - InsureandGo
| 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 |
Insureandgo Comparisons
Competitors of InsureandGo
InsureandGo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as battleface, True Traveller, Postcard Travel Insurance, Flyfund and CoverForYou, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Travel insurance policies are provided online for individuals.
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| domain | founded_year | HQ Location |
Provides specialized travel insurance for adventure travelers and backpackers.
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| domain | founded_year | HQ Location |
Travel insurance products are provided via an online direct-to-consumer platform.
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| domain | founded_year | HQ Location |
Online insurance platform for baggage protection
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| domain | founded_year | HQ Location |
An online provider of travel insurance solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Insureandgo
Frequently Asked Questions about InsureandGo
When was InsureandGo founded?
InsureandGo was founded in 2000.
Who is the current CEO of InsureandGo?
Jair Marrugo is the current CEO of InsureandGo.
How many employees does InsureandGo have?
As of Dec 31, 2022, the latest employee count at InsureandGo is 120.
What is the annual revenue of InsureandGo?
Annual revenue of InsureandGo is $16.91K as on Dec 31, 2020.
What does InsureandGo do?
InsureandGo was established in 2000 as a wholly-owned online subsidiary of Mapfre Insurance. Travel insurance, pet insurance, and mobile or tablet insurance are provided through the platform, where instant quotes and purchases can be obtained. Operations are maintained in the United Kingdom, Ireland, and Australia, focusing on digital distribution within the insurance sector.
Who are the top competitors of InsureandGo?
InsureandGo's top competitors include battleface, Postcard Travel Insurance and Flyfund.
What products or services does InsureandGo offer?
InsureandGo offers Single Trip Insurance, Annual Travel Insurance, Cruise Travel Insurance, and Medical Travel Insurance.
Who are InsureandGo's investors?
InsureandGo has 2 investors. Key investors include NSM Insurance Group, and AllClear Travel.