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It’s an all-Magic Metropolis deal: A Birmingham-based insurance coverage disruptor has acquired a digital journey reserving agency additionally based mostly within the space.
Insured Nomads, which gives medical health insurance to distant staff, expatriates and vacationers, has introduced the acquisition of Peanut for an undisclosed quantity.
Peanut gives a Chrome extension with journey info for customers, equivalent to well being dangers, climate steerage, entry necessities, resort historical past, flight delay dangers and insurance coverage necessities for locations.
The COVID-19 pandemic, with journey restrictions and necessities, illustrated the challenges of latest worldwide journey. For instance, greater than 20 international locations require insurance coverage insurance policies to enter, in response to Insured Nomads. Peanut gives vacationers with quotes from insurance policy for nearly any nation on the earth.
“At Insured Nomads, we assist vacationers transfer world wide as safely and neatly as doable, and that begins with reserving,” Insured Nomads CEO Andrew Jernigan stated in an announcement. “We acquired Peanut as a result of it’s game-changing traveltech. Delivering one of these important journey info has merely by no means been performed earlier than.”
Taking its identify from the packets air vacationers obtain on planes, Peanut gives up to date knowledge on locations, and was developed by a group of alumni from Fb, LinkedIn and Google.
“Getting access to the precise info and journey merchandise, equivalent to insurance coverage, is significant to exploring the world or working remotely immediately,” Peanut CEO Brady Simpson stated. “That’s why we created the software throughout Covid-19.”
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