Birmingham insurance firm acquires digital travel startup


It’s an all-Magic City offer: A Birmingham-primarily based insurance policies disruptor has obtained a digital travel reserving company also based mostly in the spot.

Insured Nomads, which supplies overall health insurance to remote staff, expatriates and tourists, has introduced the acquisition of Peanut for an undisclosed sum.

Peanut offers a Chrome extension with journey info for customers, these types of as overall health threats, climate steerage, entry needs, resort record, flight delay pitfalls and insurance requirements for destinations.

The COVID-19 pandemic, with journey limits and demands, illustrated the problems of present-day intercontinental travel. For instance, additional than 20 nations around the world call for insurance policies to enter, in accordance to Insured Nomads. Peanut gives travelers with rates from insurance plans for just about any nation in the entire world.

“At Insured Nomads, we assist travelers shift all over the globe as securely and neatly as possible, and that starts off with scheduling,” Insured Nomads CEO Andrew Jernigan explained in a statement. “We acquired Peanut mainly because it’s video game-modifying traveltech. Offering this kind of important vacation information and facts has simply by no means been carried out before.”

Getting its identify from the packets air travelers obtain on planes, Peanut supplies up-to-date data on destinations, and was produced by a team of alumni from Fb, LinkedIn and Google.

“Having entry to the proper info and vacation products and solutions, this sort of as insurance coverage, is important to checking out the globe or operating remotely today,” Peanut CEO Brady Simpson reported. “That’s why we created the software all through Covid-19.”

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