InsureandGo Travel insurance Limited
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InsureandGo Travel insurance Limited - overview
Established
2000
Location
-, -, UK
Primary Industry
Insurance
About
Founded in 2000 by founders Martin Banbury and based in Southend-on-Sea, UK, InsureandGo Travel insurance provides a range of travel insurance products cater to the various needs of travelers. In September 2021, AllClear Insurance Services Limited, a portfolio company of Synova, acquired InsureandGo Travel insurance from Mapfre Asistencia Compañía Internacional De Seguros Y Reaseguros, S. A. InsureandGo Travel insurance offer various coverage options to travelers, such as single-trip, annual multi-trip, and specialized travel insurance plans for different demographics, including seniors and individuals with pre-existing medical conditions.
The company provides a range of travel insurance policies, including coverage for medical expenses, trip cancellations, lost baggage, and travel disruptions. In addition, InsureandGo Travel offers different levels of insurance, including its Gold and Black policies, which come with varying degrees of coverage. Additionally, InsureandGo offers optional add-ons for specific needs such as extreme sports coverage, gadget insurance, and business travel protection.
Current Investors
AllClear Insurance Services Limited
Primary Industry
Insurance
Sub Industries
Life Insurance, Personal Insurance
Website
www.insureandgo.com
Verticals
InsureTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
InsureandGo Travel insurance Limited - timeline of key events
InsureandGo Travel insurance Limited - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Aug 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 30,873,000 | 29,742,000 | 33,694,000 | 33,361,000 | 33,074,000 | 35,113,000 | 13,174,000 | 4,757,000 | - | - | - |
| % Revenue Growth (YoY) | - | (3.7%) | 13.3% | (1.0%) | (0.9%) | 6.2% | (62.5%) | - | - | - | - |
| EBITDA (USD) | 1,398,000 | 2,782,000 | 2,562,000 | 2,605,000 | 461,000 | 63,000 | (2,403,000) | (1,606,000) | - | - | - |
| Operating Income (USD) | 791,000 | 2,480,000 | 2,335,000 | 2,471,000 | 366,000 | (17,000) | (2,684,000) | (1,708,000) | - | - | - |
| Operating Margin | 2.6% | 8.3% | 6.9% | 7.4% | 1.1% | (0.0%) | (20.4%) | (35.9%) | - | - | - |
| % EBITDA Margin | 4.5% | 9.4% | 7.6% | 7.8% | 1.4% | 0.2% | (18.2%) | (33.8%) | - | - | - |
| NET Income (USD) | 1,268,000 | 1,977,000 | 1,816,000 | 1,991,000 | 296,000 | (197,000) | (2,686,000) | (1,017,000) | - | - | - |
| % Net Margin | 4.1% | 6.6% | 5.4% | 6.0% | 0.9% | (0.6%) | (20.4%) | (21.4%) | - | - | - |
InsureandGo Travel insurance Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out | Completed | InsureandGo Travel insurance Limited | - |
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InsureandGo Travel insurance Limited - employee data
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