Operating Company Financial Services

Ignyte Insurance

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.

Focus Areas
Specialty insurance programs, Managing general agency and underwriting, Travel insurance
Website
ignyteins.com

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

Ignyte Insurance Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Ignyte Insurance. 3 2023 4 2024

Supporting Data

Recent Transactions

  • Buyer
    NSM Insurance Group
    Target
    GIG Insurance Group, Gifford Wells Insurance
    Industry
    Insurance
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    ISO Student Health Insurance
    Industry
    Insurance
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    Strategic Underwriters International
    Industry
    Insurance
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    InsurEVO Group, AllClear Travel, InsureandGo, JustCover
    Seller
    Synova
    Industry
    Insurance
    Location
    England, United Kingdom
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    Shield Commercial Insurance Services
    Industry
    Insurance
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    Acquis Insurance Management
    Seller
    Dunedin LLP
    Industry
    Insurance
    Location
    Wales, United Kingdom
    Type
    Buyout

    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.

  • Buyer
    NSM Insurance Group
    Target
    Sequoia Reinsurance Services, LLC, IOA Re, LLC, Rockport Benefits, Insurance Resources and Auditing Services, LLC
    Seller
    ELMC Risk Solutions, LLC, J.C. Flowers & Co.
    Industry
    Insurance
    Location
    United States
    Type
    Buyout

    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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