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Announced

ICG to invest in Staysure.

Synopsis

ICG, an asset management and private equity firm, agreed to invest in Staysure, a UK travel insurance provider. Financial terms were not disclosed. "We have followed the impressive growth journey of Staysure for a number of years and are delighted to be its new partner. We see further structural growth in Staysure’s core market of PEMC travel insurance and with that presents an opportunity to build on the company’s strong brand reputation, underpinned by marketing expertise and technical capability. Staysure is well-poised to expand into adjacent areas and new geographies. We look forward to working closely with Ryan, Finn and the talented management team to fulfil its significant potential," Mark Piasecki, ICG Managing Director.

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