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Insured Nomads Acquires Peanut

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Insurance disruptor Insured Nomads in June 2002 announced the acquisition of Peanut (www.TryPeanut.com), an innovative digital tool “that removes stress from booking travel”. Financial details of the transaction were not disclosed.

Peanut is a free Google Chrome extension that reveals travel and destination details as users search the web’s most popular travel sites for flights and hotels.

It reduces risk during the booking process by revealing up-to-date information about visa and insurance rules, weather and Covid-19.

Peanut collects thousands of data points from around the web to generate real-time insights for travelers so they can make more informed decisions. Currently, Peanut includes:

  • Health risk intelligence – Covid-19 requirements
  • Weather guidance – Historical weather trends and ideal months to visit a destination
  • Entry requirements – Visa rules and point-of-entry details
  • Hotel history – Age of hotels and their past renovations
  • Flight delay risk – Predicts delays and cancellations before a ticket is purchased
  • Insurance requirements – Countries that require visitors to have insurance

Today, more than 20 countries require insurance policies to enter, according to Insured Nomads. By using Peanut, travelers can access quotes for insurance plans from Insured Nomads from almost any country in the world.

Insured Nomads is the first to take an integrated traveltech, fintech and insurtech solution to the world for remote workers, globally distributed teams, expats and travelers. Serving clients across the globe, Insured Nomads provides health insurance with exceptional medical benefits in tandem with wellbeing, safety, security, cybersecurity and advanced tech-enabled solutions for ease of payment for healthcare, emergency response and evacuation. Insured Nomads is available through affinity relationships, direct, embedded and through select brokers and partners for groups and individuals.

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