ICG European Mid-Market Funds has invested in Staysure Group, a UK-based travel insurance specialist, to support its growth and enhance its operational capabilities.

Target Information

In April 2024, ICG European Mid-Market Funds made a strategic investment in Staysure Group, a premier travel insurance provider based in the UK. Founded in 2004 by entrepreneur Ryan Howsam, Staysure specializes in travel insurance tailored for individuals with pre-existing medical conditions (PEMC). The company operates under a diverse portfolio of insurance brands and products, including Avanti travel insurance and Rock, which focuses on business-to-business travel insurance offerings.

This investment underscores Staysure's position as a leader within its niche, allowing for the potential acceleration of its ambitious growth strategy.

Industry Overview

The travel insurance industry in the UK has witnessed significant evolution, especially following the challenges posed by the COVID-19 pandemic. As consumers increasingly prioritize their health and safety, the d