02 September 2021

The Corporate team from independent UK law firm Burges Salmon has advised global insurance company MAPFRE Asistencia on AllClear Travel Insurance’s acquisition of InsureandGo.

The cross-firm team from Burges Salmon that advised MAPFRE on all legal aspects of the transaction was led by partner Nick Graves.

MAPFRE Asistencia Global CEO, Leire Jimenez, comments: “AllClear’s acquisition paves the way for the next stage in InsureandGo’s journey and, at MAPFRE, we’re excited to progress with our strategic focus of moving to further ventures across our other international markets. We are grateful to Nick and the entire Burges Salmon team for their sage counsel and excellent service, which enabled us to successfully complete this strategic insurance sector deal.”

MAPFRE is a global insurance company with a worldwide presence. It is the benchmark insurer in the Spanish market and the largest Spanish multinational insurance group in the world. The number one Non-Life insurance group in Latin America and the sixth in Europe by Non-Life premium volume. MAPFRE employs almost 34,000 professionals and in 2020, the company’s revenues totalled almost 25.5 billion euros.

InsureandGo.com is one of the best-known names in travel insurance in the UK. Based in Southend-on-Sea with over 100 staff it is a multi-award-winning British travel insurance company founded in 2000. In 2018, InsureandGo provided over 3 million travel insurance policies to UK customers and specialises in value for money products.

Key contact

Nick Graves

Nick Graves Partner

  • Head of Corporate
  • Corporate Advice
  • Mergers and Acquisitions

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