Birmingham insurance firm acquires digital travel startup

It is an all-Magic Metropolis offer: A Birmingham-based insurance coverage disruptor has obtained a electronic travel reserving business also based in the location.

Insured Nomads, which supplies health insurance policy to remote staff, expatriates and travelers, has announced the acquisition of Peanut for an undisclosed amount.

Peanut provides a Chrome extension with journey info for end users, this sort of as health hazards, weather steering, entry demands, hotel historical past, flight hold off pitfalls and insurance policies requirements for locations.

The COVID-19 pandemic, with vacation limits and prerequisites, illustrated the worries of contemporary global vacation. For instance, additional than 20 international locations call for insurance policy insurance policies to enter, according to Insured Nomads. Peanut delivers vacationers with estimates from insurance policies strategies for nearly any region in the planet.

“At Insured Nomads, we enable vacationers go around the earth as safely and neatly as achievable, and that begins with scheduling,” Insured Nomads CEO Andrew Jernigan claimed in a assertion. “We obtained Peanut for the reason that it’s match-shifting traveltech. Providing this kind of critical vacation details has basically by no means been carried out right before.”

Having its name from the packets air vacationers receive on planes, Peanut provides updated details on destinations, and was developed by a workforce of alumni from Facebook, LinkedIn and Google.

“Having access to the correct info and vacation products, these as insurance plan, is essential to discovering the environment or performing remotely nowadays,” Peanut CEO Brady Simpson mentioned. “That’s why we established the tool throughout Covid-19.”