SafetyWing

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.

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

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

• Travel medical insurance
• Digital nomad insurance
• Remote worker health coverage
• International health insurance
• Nomad lifestyle protection

Headquarters

HQ city

San Francisco

HQ country

El Salvador

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Technology or R&D, Personnel

Revenue model

1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core 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

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• VUMI Group I.I.coreTechnology or IntegrationVUMI 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 IIcoreTechnology or IntegrationSafetyWing 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.
• CignacoreTechnology or IntegrationCigna'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.
• RoundstonecoreTechnology or IntegrationRoundstone (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.
• BywatercoreTechnology or IntegrationBywater (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.
• PlumiaminorStrategic or Co-development PartnerPlumia 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 PlatformcoreTechnology or IntegrationSafetyWing 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 PartnerscoreChannel Partner/ Reseller/ DistributorSafetyWing'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

Direct 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

• LinkedInlinkedin.com/company/safetywing
• Instagraminstagram.com/safetywing
• Xx.com/safetywing
• Facebookfacebook.com/safetywing

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SafetyWing