Adventure Sports Cover 360

What Adventure Sports Cover 360 does

Adventure Sports Cover 360 (ASC360), founded in 2016 and headquartered in Kathmandu, Nepal with a regional office in New Delhi, is a privately-held specialty insurance provider focused on adventure and high-altitude trekking risks in the Himalayas. The company sells per-person Safety Rescue Packages organized by altitude tier (5000m, 6000m, 6500m, and 8000m peaks), with named products covering the Everest Base Camp trek ($185), Annapurna Base Camp ($75), Kailash Mansarovar Yatra ($112), Manaslu Expedition ($953), and Mt. Everest Expedition ($1,243). It also underwrites domestic Indian adventure covers including paragliding (with Temple Pilots), skiing, the Chadar Trek, and Kashmir treks up to 4500m.

The technical platform consists of a quote-and-purchase web application at asc360.com (with iOS and Android apps) that captures nationality, route, dates, and activity type to generate instant premiums. Underpinning the policy promise is an operational stack built around a 24/7 emergency response center in Nepal, cashless helicopter and land evacuation coordination, on-call high-altitude medical specialists, deployable ground rescue teams stationed in trekking regions, and a cashless hospitalization network with partner hospitals in Kathmandu, Pokhara, and other major cities (including ERA International Hospital).

ASC360's commercial model is a transactional, trip-based premium sale priced in USD and differentiated for Indian National (IND) versus Foreign National (FN) buyers, with coverage available to over 80 nationalities. Distribution combines direct-to-consumer online sales with B2B channel partnerships with trekking agencies and tour operators in Nepal and India who embed ASC360 coverage in their trip offerings. The company is bootstrapped/privately held, with no disclosed institutional funding rounds, parent entity, or M&A activity in the public record.

Name

Adventure Sports Cover 360

Legal name

Adventure Sports Cover 360

Website

https://asc360.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Adventure Sports Cover 360 (ASC360) is a Nepal-headquartered specialty insurer selling per-person rescue and medical evacuation packages for high-altitude trekking and mountaineering in the Himalayas, serving individual trekkers, mountaineers, and pilgrimage travelers across 80+ nationalities through its website and trekking-agency partnerships.

Ownership category

akta.pro rank

Product category

Adventure Sports Insurance

NAICS

All Other Travel Arrangement and Reservation Services (561599)

SIC

Accident & Health Insurance (6321), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Safety, Permitting & Logistics Support Services (Trip Leaders, Route Planning, Rescue Support) (THAAALAL)

akta.pro secondary industries

Adventure Sports & High-Risk Activity Travel/Accident Insurance (FSAJAJAL), Mountain Safety & Patrol Services (Avalanche Training, Rescue, Medical) (THAAAJAI)

Keywords

• Adventure sports insurance
• High-altitude trekking insurance
• Mountaineering insurance coverage
• Emergency medical evacuation
• Search and rescue services

Headquarters

HQ city

Delhi

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Adventure Insurance Premiums: The company generates revenue through selling specialized adventure safety rescue insurance packages to trekkers and mountaineers. Policies are priced per person with tiered pricing based on altitude coverage (5000m, 6000m, 6500m, 8000m peaks) and trip duration. Both Indian National and Foreign National plan variants are offered with different pricing structures.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Adventure Sports Cover 360 (ASC360) sells per-person, per-trip safety rescue insurance packages for high-altitude trekking and mountaineering expeditions, organized by altitude tiers (5000m, 6000m, 6500m, 8000m peaks) and nationality (Indian vs Foreign National). Policies bundle cashless helicopter and land medical evacuation, cashless hospitalization through partner hospitals, mountain medical clinic coverage, search and rescue services, and 24/7 on-call high-altitude medical doctor advisory, with the company coordinating rescue operations from its Nepal-based 24/7 emergency response center.

Product overview

Adventure Sports Cover 360 (ASC360) is a specialized adventure safety and rescue service provider offering tiered insurance packages differentiated by altitude thresholds and geographic regions. The product portfolio consists of Safety Rescue Packages organized by altitude levels: 5000m plans for treks like Annapurna Base Camp and Langtang; 6000m plans for higher altitude trekking; 6500m plans covering peaks including Island Peak, Mera Peak, and Lobuche Peak; and 8000m expedition plans for Manaslu and Mt. Everest. These packages provide core services including medical evacuation (helicopter and land), cashless hospitalization, mountain medical clinic coverage, search and rescue operations, and 24/7 on-call medical advisory. Regional offerings include specific packages for Kailash Mansarovar Yatra, Chadar Trek, Kashmir domestic treks, and paragliding activities. The company operates primarily in Nepal and India with local ground rescue teams, partner hospital networks, and emergency response centers.

Differentiator

Problem solved

Functional benefit

Products and services

• Everest Base Camp Safety Rescue Package

Quantifiable outcome

• Cashless evacuation services - no upfront payment required for helicopter rescue and hospitalization when arranged through ASC360
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Partner Trekking Agencies in NepalcoreChannel Partner/ Reseller/ DistributorASC360 partners with leading trekking agencies and tour operators throughout Nepal who recommend and sell ASC360 insurance packages to trekkers booking their services. These partnerships are essential for customer acquisition as trekking agencies are trusted advisors for adventure travelers planning Nepal expeditions.
• Partner Hospitals in Kathmandu, Pokhara, and Major CitiescoreStrategic or Co-development PartnerASC360 maintains a partner network of leading hospitals in Kathmandu, Pokhara, and other major cities enabling cashless hospitalization for insured trekkers requiring medical treatment. This network is critical for delivering the cashless hospitalization promise of their policies.
• Local Rescue Teams in NepalcoreStrategic or Co-development PartnerCollaborations with local rescue teams positioned throughout Nepal's trekking zones ensure timely on-ground rescue coordination. These teams work in tandem with ASC360's emergency response center and helicopter evacuation services.
• Temple Pilots (Paragliding Partner)minorChannel Partner/ Reseller/ DistributorExclusive partnership with Temple Pilots for paragliding insurance coverage, where ASC360 covers paragliding activities including training courses conducted by Temple Pilots as part of the policy itinerary.
• ERA International Hospital (Kathmandu)coreStrategic or Co-development PartnerPartner hospital for emergency medical treatment and hospitalization of evacuated trekkers in Kathmandu, as evidenced by customer testimonials referencing admission to ERA International Hospital.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• SafetyWing: Digital-first travel and nomad insurance provider with growing adventure coverage. Competes for younger, globally mobile adventure travelers via a self-serve online model similar to ASC360's direct website flow.

Direct peers

• Seven Corners: Travel health and adventure insurance provider for international travelers. Overlaps with ASC360 on multi-nationality adventure coverage and emergency medical benefits.
• Ripcord Rescue Travel Insurance: Specialty travel insurance bundling evacuation and rescue services for adventure travelers. Closely aligned with ASC360's product model of pairing insurance with bundled emergency response.
• Global Rescue: Provides medical evacuation, security extraction, and travel risk services to adventure and expedition travelers. Direct overlap with ASC360's core rescue and medical evacuation proposition for high-altitude and remote-area clients.
• World Nomads: Global travel insurance provider focused on adventure and extreme sports. Direct competitor to ASC360 for trekkers and adventure travelers, with similar product positioning (adventure activities, evacuation coverage) and a larger international footprint.
• IMG Global (International Medical Group): International travel and expatriate medical insurance provider, including adventure and high-risk activity riders. Comparable to ASC360 in serving global adventure travelers with medical and evacuation coverage.

Broad incumbents

• Travelex Insurance Services: Established US-based travel insurance provider offering adventure coverage add-ons. Competes at the broader travel insurance layer where ASC360 also faces buyer comparison shopping.
• Allianz Travel Insurance: Large incumbent travel insurance provider covering a broad range of trip types. Competes with ASC360 at the entry-level travel insurance layer and increasingly in adventure-adjacent products, but does not specialize in high-altitude trekking.

Regional players

• Himalayan Glacier Trekking: Nepal-based trekking agency that bundles logistics and insurance into its packages. ASC360 partners with such agencies and competes/coordinates with them on the customer-facing insurance and rescue layer.

Others

• Trekking Agencies' Association of Nepal (TAAN): Industry body governing Nepal trekking operators. Relevant ecosystem participant shaping insurance, guide, and rescue standards that ASC360 must align with in Nepal operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCNXlRjofpBCs6NgcrSBXskQ/videos
• Facebookfacebook.com/ASC360
• LinkedInlinkedin.com/company/asc-360
• Instagraminstagram.com/adventuresportscover360
• Xx.com/asc360_official

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Adventure Sports Cover 360