NSM Insurance coverage has signed as much as purchase InsurEvo Group, together with AllClear Insurance coverage, InsureandGo and JustCover, from Synova.
Synova took a majority stake in journey insurance coverage specialist AllClear in January 2018, when the agency had £30m of gross written premium, and appointed Chris Rolland as CEO.
AllClear snapped up InsureandGo from Mapfre Asistencia in September 2021, doubling the scale of the UK journey enterprise.
Synova detailed that underneath its possession, and Rolland’s management, InsurEvo has grown to £150m of GWP with income up fivefold to £60m.
InsurEvo employs greater than 350 workers throughout 5 places of work in three nations
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