ISC expands specialty programs with TravelInsurance.com acquisition
By Isha Marathe
April 10 - (The Insurer) – KKR-backed program administrator ISC has acquired travel insurance marketplace TravelInsurance.com.
The financial terms of the deal were not disclosed.
TravelInsurance.com will continue to operate under its existing brand, maintaining its direct-to-consumer model and relationships with customers like Axa, Generali and Travel Guard.
Both co-founders Stan Sandberg and Drew Sharma will continue to lead its growth as part of the ISC team.
ISC said the deal "significantly boosts" its "growing portfolio of specialty insurance programs".
“TravelInsurance.com brings a best-in-class platform, deep industry relationships, and a loyal customer base to ISC,” said Matt Grossberg, CEO of ISC.
“Their tech-forward approach and commitment to customer experience perfectly complements our vision of making specialty insurance easy and accessible to consumers."
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