Tracked deals
7
7 tracked deals across 2023-2024.
Conshohocken, Pennsylvania, United States
Formerly known as NSM Insurance, NSM Insurance Group, NSM Insurance Group (NSM)
Global specialty insurance platform that manages niche insurance programs and brands across the U.S., U.K. and Europe, including travel, student health and specialist commercial insurance. The company launched as Ignyte Insurance after NSM Insurance Group’s U.S. commercial division was sold to New Mountain Capital; that division became Novacore.
Tracked deals
7
7 tracked deals across 2023-2024.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
7 buyout
Last 2 years
Supporting Data
NSM Insurance Group has acquired GIG Insurance Group (GIG), a Fort Lauderdale-based MGA focused on community association D&O and crime coverage, and Gifford Wells Insurance (GWI), an independent professional liability broker. The acquisitions expand NSM's specialty liability and professional liability capabilities and create cross-sell opportunities across NSM's existing niche insurance programs.
NSM Insurance Group, a specialty insurance provider headquartered in Conshohocken, Pennsylvania, has acquired ISO Student Health Insurance, a New York–based brokerage and plan administrator focused on health and travel insurance for international students. The acquisition expands NSM’s portfolio of travel and student insurance brands and leverages ISO’s direct-to-consumer digital enrollment platform and university distribution relationships to accelerate growth.
NSM Insurance Group has completed the acquisition of Strategic Underwriters International (SUI), a Doylestown, Pennsylvania-based managing general agent (MGA) and leader in the facultative casualty reinsurance market. The deal expands NSM's specialty insurance capabilities in facultative casualty reinsurance and aims to leverage NSM's resources — including product development, technology systems and AI initiatives — to grow SUI's underwriting platform.
NSM Insurance Group has acquired InsurEVO, the U.K.-based owner of travel insurance brands AllClear Travel, InsureandGo and JustCover. The deal (subject to usual approvals) adds leading U.K. travel insurance brands and capabilities to NSM’s global specialty insurance platform to expand distribution, technology and international reach.
NSM Insurance Group has acquired Shield Commercial Insurance Services, a Palm Desert-based underwriting business specializing in insurance for small and mid-sized contractors. The acquisition expands NSM’s portfolio of specialty insurance programs and aims to accelerate Shield’s growth through NSM’s national agent distribution and expanded geographic footprint.
NSM Insurance Group has agreed to acquire Acquis Insurance Management, a UK-based specialist provider of insurance programs to the asset finance market. The deal (subject to customary regulatory approvals) will expand NSM's footprint in Europe and the U.S. and provide Acquis with additional capacity and resources to accelerate growth after its 2019 MBO backed by Dunedin LLP.
NSM Insurance Group has completed the acquisition of Sequoia Reinsurance Services, IOA Re (and its divisions Rockport Benefits and Insurance Resources and Auditing Services) from ELMC Risk Solutions, a portfolio company of J.C. Flowers & Co. The deal establishes a dedicated platform in medical stop loss and managed care, expanding NSM's specialty insurance capabilities and distribution reach.
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