Irish company CarTrawler acquires Paris-based insurance firm

This acquisition marks CarTrawler’s strategic entry into the 'insurtech' travel segment and further expands its multi-product ancillary platform

Peter O’Donovan: 'The acquisition of Koala is a further step toward fulfilling our ambition of becoming the leading multi-product ancillary platform for the global travel industry."

Irish technology firm CarTrawler, which provides platforms for car rental and other mobility options to the global travel industry, has announced the acquisition of Paris-based firm Koala.

Koala specialises in travel insurance technology solutions as well as offering more traditional travel insurance products across a network of over 70 partners in 17 countries.