Travel insurance provider World Nomads Group has rebranded as Nib Travel.

The name change was announced last week, more than three years after health insurer Nib Holdings acquired the business for $95 million.

“We’ve been part of the Nib Group family since 2015, but as we continued to expand our offering and distribution channels we recognised an opportunity to also refresh our corporate look,” Acting CEO David Kan said. “The refreshed brand will help support our growth aspirations both in Australia and abroad.”

Consumer brands owned by the travel business, including World Nomads, Travel Insurance Direct, Nib and SureSave, will trade under existing names.

The Nib-owned business is the third-largest global travel insurance distributor in Australia.