SafetyWing
SafetyWing (Safety Nest, Inc.) is a digital insurer offering travel health coverage for individual digital nomads and group health plans for distributed companies across 175+ countries, serving 100,000+ customers and 2,000+ employers.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, El Salvador
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What SafetyWing does
SafetyWing (legally Safety Nest, Inc.) is a digital insurance company founded in 2017 and headquartered in San Francisco that builds and distributes cross-border health and travel insurance products for remote workers, digital nomads, and globally distributed companies. Its core products include Nomad Insurance (Essential at $62.72 per four weeks and Complete at $177.50 per month, underwritten by its proprietary SafetyWing Insurance II and partner VUMI Group), Remote Health for group plans across 175+ countries with a 15-member minimum, Remote Health USA built on a Cigna PPO network, and Nomad Citizen, a $400/month premium membership with age-locked pricing. Supporting assets include the Nomad Care Map (crowdsourced provider reviews), an Ambassador affiliate program, and content properties such as the Borderless newsletter, Future of Work Index, and Plumia think tank. Operations run on Google Cloud Platform and Google Workspace, with AI applied to internal support QA, document completeness checks, and historical claims analysis.
The business model is product-led for individual Nomad Insurance (self-serve, subscription with auto-extension) and sales-led for Remote Health (B2B2C group plans sold to distributed employers). Revenue is generated through insurance premiums and membership fees, with employer and employee contributions on group plans. The company serves a long tail of 100,000+ individual customers across 175+ countries and 2,000+ companies on Remote Health, growing by approximately 10,000 new customers per month, supported by a 70 NPS and a hybrid B2C/B2B distribution strategy anchored by the Ambassador program.
SafetyWing firmographics
Firmographics- Name
- SafetyWing
- Legal name
- Safety Nest, Inc.
- Website
- https://safetywing.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- SafetyWing (Safety Nest, Inc.) is a digital insurer offering travel health coverage for individual digital nomads and group health plans for distributed companies across 175+ countries, serving 100,000+ customers and 2,000+ employers.
- Ownership category
- akta.pro rank
SafetyWing industry classification
Industry- Product category
- Travel Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Travel & Accident (Non-Life) Insurance (FSAJAMAN)
- akta.pro secondary industry
- Key Person Disability Insurance (FSAIAIAK)
Keywords
Where SafetyWing is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- El Salvador
- HQ region
- Latin America
Offices2 records
Markets served
SafetyWing business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Technology or R&D, Personnel
Revenue model
- Nomad Insurance (Essential & Complete): Subscription-based travel medical and health insurance sold directly to individuals (nomads, remote workers, families) on a per-4-weeks or monthly basis with auto-extension options. Revenue is recurring as customers extend their policies every 28 days or monthly.
- Nomad Insurance Complete - add-ons: Additional optional coverage add-ons including Hong Kong/Singapore/US extended coverage, dental coverage, and electronics theft protection, billed as part of the monthly/annual subscription.
- Remote Health: Group health insurance sold to companies and remote teams covering members and contractors worldwide under one plan, priced on a per-member monthly basis.
- Remote Health USA: US-specific employer-sponsored health plan for startups using a self-funded ERISA structure with integrated stop-loss coverage through Roundstone. Revenue is per-employee-per-month billing.
- Ambassador / Affiliate Program: Ambassadors earn a flat affiliate fee benchmarked at approximately 10% of total premium amount on completed applications received via their referral link within a 364-day window. Over 70% of sign-ups are subscription-based, generating repeat referral income for up to a year per referred customer.
- Nomad Citizen Membership: Premium all-in-one membership providing health coverage, income protection, travel coverage, and lifestyle services (visa assistance, exclusive events) for a monthly subscription priced by age ($400/month for ages 18-39). Includes a SafetyWing card for paying covered services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Nomad Insurance Essential - travel medical coverage for ages 18-39 at $62.72/4 weeks |
| Subscription | Monthly | Nomad Insurance Complete - full health insurance with extra travel protections at $177.50/month for ages 18-39 |
| Subscription | Monthly | Remote Health USA - employer-sponsored health plan for US startups at $900/month estimate |
| Subscription | Monthly | Nomad Citizen - all-in-one global membership at $400/month for ages 18-39 |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels8 records
SafetyWing product offering
Product offeringCore offering
SafetyWing is a global insurance company providing travel medical and health insurance to remote workers, digital nomads, and location-independent individuals. The company offers subscription-based coverage in 180+ countries with flexible enrollment, including mid-travel purchase options, with two main plan tiers (Essential and Complete) and a premium membership (Nomad Citizen).
Product overview
SafetyWing offers a multi-product platform for remote workers and digital nomads consisting of Nomad Insurance (Essential and Complete tiers) providing travel medical and health insurance for individuals, Remote Health (including Remote Health USA) providing group health insurance for remote companies, and Nomad Citizen as a premium membership program. Additional tools include the Nomad Care Map for finding healthcare providers, Borderless newsletter, Future of Work Index for hiring insights, and an Ambassador affiliate program. The portfolio is designed to build a global social safety net for people living and working beyond traditional geographic borders.
Differentiator
Problem solved
Functional benefit
Brands
- Nomad Citizen: An all-in-one global membership covering health, income protection, and travel for global nomads, including premium healthcare, income protection, travel coverage, visa assistance, everyday wellbeing, and life insurance.
- Nomad Insurance
- Remote Health
- Remote Health USA
- Plumia
- Borderless
Products and services
- Nomad Insurance Essential
- Nomad Insurance Complete
- Remote Health
- Remote Health USA
- Nomad Citizen Membership
Quantifiable outcome
- Sub-minute live chat response time for customer support
- +4 more outcomes
Companies that use SafetyWing
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
SafetyWing technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
SafetyWing partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- VUMI Group I.I.coreVUMI Group I.I. (VUMI) is a Puerto Rico-domiciled international insurer that underwrites the health portion of SafetyWing's Nomad Insurance Complete plan. VIP Administration Services LLC administers the plan, offered in partnership with SafetyWing.
- SafetyWing Insurance IIcoreSafetyWing Insurance II is a Puerto Rico-domiciled international insurer that underwrites the travel portion of the Nomad Insurance Complete plan. It is sold, managed, and administered by SafetyWing MGA Ltd. and offered exclusively to members of the SafetyWing Special Purpose Trust.
- CignacoreCigna's PPO network powers Remote Health USA, providing access to care at over 55,000 provider locations across the U.S. The plan has no in-network deductibles, coinsurance, or provider copays when using Cigna in-network providers.
- RoundstonecoreRoundstone (CA Lic. No. 0H65130) provides stop-loss coverage for the Remote Health USA self-funded ERISA health plans. The stop-loss insurance protects the plan sponsor's financial obligations, not individual employees.
- BywatercoreBywater (CA TPA No. 6003851) handles claims processing and plan administration for Remote Health USA, serving as the third-party administrator alongside the Roundstone stop-loss structure.
- PlumiaminorPlumia is described as SafetyWing's think tank project for global mobility rights. The Nomad Citizen FAQ references the business relationship between SafetyWing and Plumia, indicating a closely aligned initiative for borderless living advocacy and research.
- Google Cloud PlatformcoreSafetyWing uses Google Cloud Platform to securely store all data, including personal data, on servers located in the European Union. The company also uses Google Workspace (Gmail, Drive, Docs, Meet) for day-to-day operations, with some AI features (Gemini) supporting internal work.
- Ambassador Network PartnerscoreSafetyWing's Ambassador program includes content creators such as Chelsea Kauai and Nomadic Matt, and websites like Travel Off Path. Ambassadors earn affiliate commissions by promoting Nomad Insurance on their platforms.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
SafetyWing competitors and assessment
Company assessmentDirect peers
- World Nomads: Travel insurance provider targeting backpackers and long-term international travelers. Most directly comparable peer to SafetyWing's Nomad Insurance line; third-party affiliate articles explicitly reference World Nomads alongside SafetyWing as preferred travel insurance options for digital nomads.
- GeoBlue: Provider of international travel medical and global health insurance plans, including coverage for expatriates and frequent travelers. Closely aligned with SafetyWing's international health coverage model and target buyer.
- International Medical Group (IMG): Underwriter and administrator of travel medical insurance and international health plans for individuals and groups. Directly comparable to SafetyWing's Nomad Insurance Complete and Remote Health product structure.
- Seven Corners: Specializes in travel medical insurance, international health plans, and specialty risk solutions for global travelers. Comparable in product scope and customer base to SafetyWing's individual nomad insurance line.
- Tokio Marine HCC (HCC Medical Insurance): Underwriter of short-term travel medical and international student/health insurance products. Competes with SafetyWing in the travel medical insurance category for individuals and small groups.
Emerging players
- Deel: Global Employer of Record platform increasingly bundling benefits and health insurance into its core offering for distributed teams. Competes with SafetyWing's Remote Health B2B line on the customer-acquisition layer for remote-first companies.
- Remote: Employer of Record and global HR platform with a benefits marketplace including international health insurance options. Overlaps with SafetyWing Remote Health on the employer/contractor benefits distribution layer.
Broad incumbents
- Allianz Travel Insurance: One of the largest global travel insurance providers, offering trip cancellation, travel medical, and ancillary travel coverage. Overlaps with SafetyWing's Nomad Insurance line as part of a much broader product portfolio.
- AXA Global Healthcare: Major international health insurer providing individual and corporate plans for globally mobile employees. A broad incumbent competing for the same internationally mobile and expatriate customer segment SafetyWing targets.
- Cigna Global Health: Global health insurer offering international private medical insurance for individuals and corporate clients. Already a strategic infrastructure partner to SafetyWing via Cigna's PPO network for Remote Health USA, but also a potential broad competitor in international health.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
SafetyWing social profiles
Digital presenceSafetyWing compliance and trust
Trust signalCompliance1 record
SafetyWing financial estimates
Financial estimateRevenue estimate
Valuation estimate
SafetyWing leadership team
Management profileNumber of profiles
Profiles2 records
SafetyWing funding detail
Funding detailFunding overview
Funding rounds6 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SafetyWing M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SafetyWing
What does SafetyWing do?
SafetyWing is a global insurance company providing travel medical and health insurance to remote workers, digital nomads, and location-independent individuals. The company offers subscription-based coverage in 180+ countries with flexible enrollment, including mid-travel purchase options, with two main plan tiers (Essential and Complete) and a premium membership (Nomad Citizen).
Is SafetyWing a public or private company?
SafetyWing is a private company. It is classified as venture growth investor backed and is currently operating.
When was SafetyWing founded?
SafetyWing was founded in 2017. It employs 101 to 250 people.
Where is SafetyWing based?
SafetyWing is headquartered in San Francisco, El Salvador, in the Latin America region.
How does SafetyWing make money?
Six revenue lines are on record. Nomad Insurance (Essential & Complete) is the primary driver. The others are nomad Insurance Complete - add-ons, remote Health, remote Health USA, ambassador / Affiliate Program and nomad Citizen Membership.
Who are SafetyWing's main competitors?
Direct peers on record are World Nomads, GeoBlue, International Medical Group (IMG), Seven Corners and Tokio Marine HCC (HCC Medical Insurance). Emerging players are Deel and Remote. Broad incumbents are Allianz Travel Insurance, AXA Global Healthcare and Cigna Global Health.
Does SafetyWing have an API?
No public API is recorded for SafetyWing.
What industry is SafetyWing in?
SafetyWing's product category is Travel Insurance. Its primary akta.pro industry code is FSAJAMAN, Travel & Accident (Non-Life) Insurance, with a secondary code of FSAIAIAK, Key Person Disability Insurance. Its NAICS code is 524126 and its SIC code is 6411.